3 ms·
What is so excellent? That is the cumulative increase. Real median earnings since Q4 2019 are only around 3% higher: https://fred.stlouisfed.org/series/LES12
by TeaBrain 2y ago
What is so excellent? That is the cumulative increase.
Real median earnings since Q4 2019 are only around 3% higher:
https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q
Real median household income is still lower than 2019:
https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N
- bpt3 2y agoSorry, I assumed this statement you made was correct: "real wages have only increased 2% annualized since 2019." A 3% increase over 5 years is not bad at all. Go look at historical data or data from other places if you would like more information.