• HubertManne
    link
    fedilink
    7
    edit-2
    5 months ago

    according to the article “Inflation has risen quickly over the past few years — but wages have been rising slightly faster.” but for me this is patently not so. Granted I have not left my job which is maybe the problem.

    • @fukhuesonOP
      link
      -1
      edit-2
      5 months ago

      I don’t see how anyone is making the point that “everything is rosy.” This post describes recent trends in changes in wages and inflation. Your link about purchasing power 2021-2022 (and the rest of your comment) does not negate anything mentioned in the article.

      This seems less of an attempt to inform but rather maintaining that good news about wages must be accompanied by bad news somehow, as has been typical.

    • @fukhuesonOP
      link
      -2
      edit-2
      5 months ago

      Mkay buddy

      Edit: since for some reason it’s common etiquette here to baselessly spout misinformation without sources, and since somehow it’s incumbent on me to have to prove them wrong, putting all the effort on me instead of the original commenter making the claim, I’ll play ball.

      https://www.cbsnews.com/news/minimum-wage-increase-january-1-2024-see-the-states/

      Higher minimum wages will go into effect on January 1 across 22 states, giving an economic boost to almost 10 million workers, according to a recent estimate.

      The higher baseline wages will deliver almost $7 billion in additional annual wages to about 9.9 million workers, the left-leaning Economic Policy Institute said in a research post on December 21. The increases will boost the baseline pay to at least $16 an hour in three states: California, New York and Washington.

      On top of the state pay hikes, an additional 38 cities and counties will also increase their minimum wages, the group said.

      https://www.journalofaccountancy.com/news/2023/oct/budgets-for-salary-increases-rise-at-historic-rates.html

      Budgets for employee salary increases have grown by an average of 4.4% in 2023, the highest increase in more than two decades, according to a long-running survey.

      US Salary Increase Budgets, a survey conducted annually since 1985 by The Conference Board, also found that the 409 companies surveyed are forecasting another 4.1% increase in 2024. The 2023 increase is the largest since 2001.

      https://www.hrdive.com/news/workers-received-fewer-smaller-raises-2023/702301/

      Just over 40% of workers haven’t received a salary increase in the past 12 months, according to a survey of 1,500 full-time employees by BambooHR. For those who did get a raise, the average salary increase was 4.6%, compared to 6.2% in 2022.

      Meaning, a minority of people didn’t get a raise according to this survey, not a vast majority.

      If you have any source saying the vast majority of people haven’t gotten raises in years, that’d be news to me. Otherwise, this should be a lesson in not listening to down votes and not allowing unsourced low effort comments like this to remain up.

      https://en.wikipedia.org/wiki/Burden_of_proof_(philosophy)

      The burden of proof (Latin: onus probandi, shortened from Onus probandi incumbit ei qui dicit, non ei qui negat – the burden of proof lies with the one who speaks, not the one who denies) is the obligation on a party in a dispute to provide sufficient warrant for its position.

      Edit: even after modifying your post nearly a day later, it is still misinformation. This is textbook bad faith. The original post involved only an unsourced claim about the vast majority not receiving a raise.