• tookmyname
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    1 year ago

    I feel like whatever gains we saw in the market after the debt ceiling theater resolved will be reversed when the cpi report comes out. Employment rates seem super resilient also.

      • tookmyname
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        1
        ·
        edit-2
        1 year ago

        Every single jobs report wages have gone up. Very close to inflation.

        Not disputing that wages aren’t fucked though.

        Also the survey on “monster” isn’t specifically saying “full time” it just mentions two jobs. The two full time jobs part of the article is referring to TikTok stories. I’ll go with the department of labour on this.

        • ☆ Yσɠƚԋσʂ ☆OPM
          link
          fedilink
          English
          arrow-up
          5
          arrow-down
          2
          ·
          1 year ago

          There are plenty of other indicators showing that wages are generally inadequate. 64% of the people are just making their ends meet without being able to make any savings. These are slave wages where people are paid just enough to keep them working. Meanwhile, average person is up to over 100k in debt. These are not signs of a healthy and functioning economy.