Most people get confused because inflation is already accounted for in most reported numbers.
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explore_broaden@midwest.social 1 year agoDo you have a source on “wages outpac[ing] employment”?
a_wild_mimic_appears@lemmy.dbzer0.com 1 year ago
Yes, his ass. Hourly wages in 2018 were about 2$ more compared to the 1960 and the increases went to the 90th percentile of earners.
explore_broaden@midwest.social 1 year ago
To be fair, if you look at the median graph it does go ever so slightly up, which I think qualifies as “outpaces.” It is certainly a lot less dire than if inflation was outpacing wages, at least wages keeping pace with inflation is sustainable.