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Or maybe those wage gains are not evenly distributed.
by nightski 2y ago
Or maybe those wage gains are not evenly distributed.
- xnx 2y agoDefinitely: "from the end of 2019 to the end of 2023, the lowest-paid decile of workers saw their wages rise four times faster than middle-class workers and more than 10 times faster than the richest decile." That said, 1% of one million is ~double 10% of $45,000.
- deleted 2y ago[deleted]
- HDThoreaun 2y agoTheyre not. Most of the gains are going to the poorest and richest. The poorest especially are doing better than they have ever before.
- nightski 2y agoI'd imagine most of that "doing better" is wiped out by much higher housing costs and food inflation for the least fortunate.