btaf45@lemmy.world to News@lemmy.world · 11 months ago

US Bureau of Labor Statistics reports average hourly wage growth has surpassed inflation for 12 straight months

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US Bureau of Labor Statistics reports average hourly wage growth has surpassed inflation for 12 straight months

btaf45@lemmy.world to News@lemmy.world · 11 months ago

cross-posted to:
[email protected]

Average wages have surpassed inflation for 12 straight months

Average hourly wage growth has exceeded inflation for 12 straight months, according to new Bureau of Labor Statistics data released this morning. This real (or inflation-adjusted) wage growth is a key indicator of how well the average worker’s wage can improve their standard of living. As inflation continues to normalize, I’m optimistic more workers will…

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11 months ago
Lol I hate to break it to you homie but billionaires are not paid in hourly wages so they are excluded from this report.

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