Tell these Americans that the economy is humming, that median wage growth has nudged ahead of the core inflation rate, and that everything’s grand, and you’re likely to see a roll of the eyes.
Tell these Americans that the economy is humming, that median wage growth has nudged ahead of the core inflation rate, and that everything’s grand, and you’re likely to see a roll of the eyes.
who the heck can buy more than before. I make effectively half of what I did in 2020.
That’s unfortunate and hopefully you can get a raise or a better job but apparently unemployment is low overall and wage growth is outpacing inflation for most people.
https://www.axios.com/2024/02/05/wages-outpacing-inflation
my health insurnace is a bif deal since my wife has health issues but I have been looking and I dunno. places do not want to seem to pay an ask I have for a rate that would put me on par with inflation based on 2020. I also don’t know anyone else whos wage has outpaced inflation. Folks I know at the low end have sorta maybe kept pace (prices doubled and their wages nearly doubled). but that is a group coming from being underpaid to begin with.