@return2ozma to News • 5 months agoCNN's Burnett asks Biden how he is going to turn the economy around. He said he already has.www.cnn.comexternal-linkmessage-square134arrow-up1246arrow-down127
arrow-up1219arrow-down1external-linkCNN's Burnett asks Biden how he is going to turn the economy around. He said he already has.www.cnn.com@return2ozma to News • 5 months agomessage-square134
minus-square@[email protected]linkfedilink10•5 months agoSerious question: are they up higher than inflation if you adjust for the last three years?
minus-square@[email protected]linkfedilinkEnglish6•5 months agoWage growth now is outpacing inflation, meaning we’re going in the right direction. But if you compare over a few years, many people have fallen behind and have a lot of catching up to do.
Serious question: are they up higher than inflation if you adjust for the last three years?
Yes, that’s what real wages mean, adjusted for inflation
Wage growth now is outpacing inflation, meaning we’re going in the right direction. But if you compare over a few years, many people have fallen behind and have a lot of catching up to do.