2 ms·
What a great excuse for stagnant wages.
by some_random 3mo ago
What a great excuse for stagnant wages.
- anothermathbozo 3mo agoSay more!
- psychoslave 3mo agoReal wages (adjusted for inflation) were relatively flat from 2001 to the mid-2010s, especially for the bottom half of the wage distribution. Since then, there have been periods where real wages grew, but inflation often outpaced wage growth, particularly from April 2021 to early 2026. As of May 2026, real wages were still down 1.4% compared to January 2021, meaning that, after accounting for price increases, American workers are making less than they did five years ago. Not every American citizen is having incomes like SWE in SV. https://www.statista.com/chart/32428/inflation-and-wage-growth-in-the-united-states/ https://www.statista.com/chart/32428/inflation-and-wage-grow...
- philipallstar 3mo agoThe "excuse" is that there hasn't been automation or other things introduced to make a worker's output more, which would then raise their value.