US Bureau of Labor Statistics reports average hourly wage growth has surpassed inflation for 12 straight months
US Bureau of Labor Statistics reports average hourly wage growth has 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 ...
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Hmmm..
Looking beyond the average, production/non-supervisory workers—roughly the bottom 82% of the wage distribution—started seeing positive real wage growth two months earlier in March 2023, now 14 months in a row (not shown).
But keep replying please because I could put your exact comments in the COVID threads I was arguing in back then. It's uncanny. It's the exact same shit conservatives say when data doesn't support their preconceived idea.
Afraidofzombies put it well “I get what you are implying but it really isn't relevant. Economics is just someone's opinion at best, more often than not it is propaganda, lying with math. Not at all the same as the vaccine nutters or global warming denying.”
So no, it’s not the same and it’s not relevant
That’s crazy how the post is about income vs inflation and their comment is about “economics”.
The post is about numbers. Ones which, if they told a story of doom and gloom, you’d presumably completely agree with.
This is great stuff. Thanks for taking my original comment further than I thought it would go. Truly brings me back to arguing with conservatives about COVID numbers. I’m just disappointed there’s no equivalent here for walking into a hospital demanding to see patients.