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The median worker saw a small wage growth, on the scale of ~.5% a year. However, it does says that 58% of all workers failed to keep up with the real wage grow
by jplusequalt 2mo ago
The median worker saw a small wage growth, on the scale of ~.5% a year.
However, it does says that 58% of all workers failed to keep up with the real wage growth trend we saw in the years leading up to the pandemic.
>So 63% didn't.
But more than a third of Americans did. You can't "glass two-thirds full" tens of millions of people seeing their actual purchasing power decrease.
- Dylan16807 2mo agoYou can't glass one third empty it either. It's complicated and needs more numbers.
- jplusequalt 2mo agoFor that 1/3 of Americans, that's a very real statistic to be frowning over.
- Dylan16807 2mo agoMaybe it's very bad. Or maybe it's negligible. And which third of americans is it, the poor the middle or the rich or a mix of everyone? These factors are important before we can draw more than the most shallow of conclusions. There's a chart of the average that looks pretty bad. But also I don't have time to read 78 pages right now.
- GiorgioG 2mo agoI feel like people are blind to the obvious. The price of everything has gone up and it has outpaced most people’s wages.