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This is full time only, but it sort of clearly shows earnings outpacing CPI. https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/seri
by maxerickson 2y ago
This is full time only, but it sort of clearly shows earnings outpacing CPI.
https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q
- floxy 2y agoQ4 2019: 362 Q1 2020: 367 Q1 2024: 365
- laidoffamazon 2y agoCorrect, it's higher than 2019. Do you think Q1 2020 was a time of mass affluence? You remember the food lines and 15% unemployment, right? It's composition effects.
- maxerickson 2y agoOnly go up? The existential dread is all about how it's worse than it's ever been before, not about how wage growth has been a little soft for a few years.
- floxy 2y agoCall it a draw? Seems flat for the past 4 years on the average. I'm glad that someone is getting better than 3% yearly raises.