Average wages have surpassed inflation for 12 straight months
www.epi.org
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…
  • roscoe@lemmy.dbzer0.com
    5·
    1 年前

    Nominal is more than inflation so real is above 0.

    Real just has to be above 0 for inflation adjusted wages to be going up.

    I still call bullshit though without knowing where the increases are. All the increases could be in the top 10% with everyone else going down and only the average is above 0.

    Edit: I was wrong, the growth is actually weighted toward the lower end.