- cross-posted to:
- aboringdystopia
- cross-posted to:
- aboringdystopia
Even as inflation continues to cool into the second half of 2024, many Americans say they’re still struggling to make ends meet.
Roughly one-third of U.S. workers say they’re living paycheck to paycheck and have nearly no money for savings after paying their monthly bills, according to a survey from personal finance website Bankrate.
% change is a pretty wild metric. It becomes unwieldy at longer time spans, and does a pretty poor job at comparisons.
Can we get like wages vs cost of living, or rent/mortgage as a percentage of income?
No because that wouldn’t make things look good
What I linked was wage growth vs inflation, especially among generally lower paid workers (hourly).