So… Still unacceptably low. Got it.
Still unemployed here, applying for jobs that I’m well-qualified for, being rejected without an interview and watching those listing reappear on job sites on a weekly basis.
Printing it doesn’t make it true. Smells of propaganda. How many people do you know who got a raise over 7%?
This was for 2023 and the job market was hot that year. If you switched jobs you probably got a double digit pay rise, and many people were doing it. That’s what drove the number.
However, the job market is kinda crashing right now in 2024. So I don’t think it’s a trend that will continue.
Idk how it could. Haven’t tons of companies been announcing layoffs for like tens of thousands of workers for a few years now?
my wages have not kept up with inflation since 2020. I don’t know whos wages have but its not the case for me. granted I wfh now so that is nice buy the most I have made so far is in 2020 in relation to inflation.
no idea but its not just me but my locality. I have done better than most. This makes me suspicious any time I see stuff like this.
It’s all averages and statistics can always be spun however you want, but hopefully there’s some truth to it. I don’t even know what “household income” is limited to. If more people are moving in as roommates, for example, that’s not a good thing, but does it raise the household average? I’m too lazy to look it up haha.
I’ve never had a job where my wage kept up with inflation. My annual raise was always below inflation, and I felt lucky to get annual adjustments at all.
I suspect this is simply an artifact of math. The rich get richer and the poor get poorer, and as long as the average of the two looks good then the people in charge can nod their heads, say “good good,” then go spend a week on their yacht.
Meanwhile prices did not.
Not really. Inflation is an average across the board but a lot of things that were affected by price gouging went up much higher. I’m not sure specifically how it’s all calculated but last time I mathed it out my expenses went up much higher than what inflation said they should have.
