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Paychecks did go up though, +50% nominal[1], +11% real (inflation adjusted)[2], over the past 10 years. [1] https://fred.stlouisfed.org/series/LES1252881500Q h
by em500 1y ago
Paychecks did go up though, +50% nominal[1], +11% real (inflation adjusted)[2], over the past 10 years.
[1] https://fred.stlouisfed.org/series/LES1252881500Q https://fred.stlouisfed.org/series/LES1252881500Q
[2] https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q
- justin66 1y agoReal wages didn't track with increases in productivity, which is sort of the long-standing problem, since the late seventies or early eighties. (the problem for workers, I mean)