The Briefing Room
General Category => Economy/Business => Topic started by: mystery-ak on January 03, 2024, 11:56:08 pm
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Nearly 6 in 10 Americans earned more last year, even after inflation: Study
by Julia Shapero - 01/03/24 3:44 PM ET
Nearly 6 in 10 American workers saw their wages grow more quickly than inflation in the past year, according to a new analysis from the Center for American Progress (CAP), a left-leaning think tank.
Some 57 percent of workers earned higher inflation-adjusted wages in November compared to one year earlier, the analysis found. This represents a larger share of workers than the average before the COVID-19 pandemic, between 2017 and 2019.
“In fact, real wages for a typical worker stand at about the level expected if there had been no pandemic or recession in early 2020 and if they had kept growing at the same rate as in years prior,” the CAP noted in the study released Wednesday.
Americans have seen a median increase in hourly wages of about 45 cents per hour after inflation, or more than $900 per year for a full-time, year-round worker, according to the think tank’s analysis.
Even though prices have gone up 20 percent since the end of 2019, the study found that wages for a typical worker have gone up 23 percent.
more
https://thehill.com/business/4387556-nearly-6-in-10-americans-earned-more-last-year-even-after-inflation-study/
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Oh my. 6 in ten working people make more then inflation. they report that even though prices have gone up 20 percent since the end of 2019, the study found that wages for a typical worker have gone up 23 percent.
Funny how 100% of retires or the unemployed can't claim that. How stupid are these people spouting this shit.
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Oh my. 6 in ten working people make more then inflation. they report that even though prices have gone up 20 percent since the end of 2019, the study found that wages for a typical worker have gone up 23 percent.
Funny how 100% of retires or the unemployed can't claim that. How stupid are these people spouting this shit.
But, but, Social Security went up 3.2%!!
How many of those people either ...
work fast-food in California or have minimum wage jobs in States above the Federal Minimum?
Have Government Jobs?
Are Congressmen?
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People who normally stay out of the workforce (e.g. stay-at-home moms, retirees, etc.) found themselves being forced to rejoin the workforce in order to make ends meet. And the Hill is trying to spin this as a success.
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Just where I get my Business and Econoomic News ..... The Shill. :silly:
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Oh my. 6 in ten working people make more then inflation. they report that even though prices have gone up 20 percent since the end of 2019, the study found that wages for a typical worker have gone up 23 percent.
Funny how 100% of retires or the unemployed can't claim that. How stupid are these people spouting this shit.
Well when you count all the illegals getting free stuff here in America :whistle:
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Figures don't lie but liars sure can figure!
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the study found that wages for a typical worker have gone up 23 percent.
:rolling:
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:rolling:
Well pizza delivery drivers in Californication must now be paid $20 an hour and minimum wage is now $16 an hour...sixteen dollars an hour for work your average 12 year old may be over qualified for 9999hair out0000 9999hair out0000 9999hair out0000 so if the other moron socialist controlled states in the Union have done the same maybe so, maybe so **nononono* I do know that come Jan 1, 2024 there were a shitload less pizza delivery drivers :shrug: