3 ms·
And it’s not even immediate, closer to $4 now, another $2 in 2026. Wonder how much $24/hr in 2024 is versus their inflation-adjusted wage in, say, 2018. I bet
by vundercind 2y ago
And it’s not even immediate, closer to $4 now, another $2 in 2026.
Wonder how much $24/hr in 2024 is versus their inflation-adjusted wage in, say, 2018. I bet they’d seen such a large reduction in real wages that this isn’t much more than getting them back to where they used to be—if it’s even that.
- zanecodes 2y agoAccording to https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=24&year1=202406&year2=201806 https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=24&year1=20240..., $24 in June 2024 is equivalent to $19.25 in June 2018, so your estimate is right on the money, as it were.