Note that Real Wages are on a DOWNWARD trajectory for the whole Biden Administration.
Posted on 01/03/2024 1:26:55 PM PST by ChicagoConservative27
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.
(Excerpt) Read more at thehill.com ...
Note that Real Wages are on a DOWNWARD trajectory for the whole Biden Administration.
Excellent point that bears repeating.
LOL
The Hill should be called the BS.
LEFT WING RAG and democrat mouthpiece.
Math is not their friend. Never was. Never will be.
Yeah and for every extra dollar Americans have to pay 2 dollars in taxes and double the 2020 prices of food and gas...
Yep BS. The gaslighting begins for election season 2024
Illegals are doing much better than in their homeland.
“Center for American Progress (CAP), a left-leaning think tank”
Stopped reading right there.
CEOs and attorneys.
“Center for American Progress (CAP), a left-leaning think tank
Should say enough....click”
Not to mention the liberal website thehill.com posting it.
That means 40 % are falling behind! Would not happen under Trump. Thanks Joe Biden.
I can agree that most people got a raise this year. I do not agree that most of those people got a raise even after inflation.
2024. Here it comes! For the next 11 months the media is going to tell you this is the greatest American economy EVER!
“except Federal inflation calculations exclude food and energy costs ...”
Wonder if it includes homeowner’s insurance? That went up about 40% last year. And I’m hearing the same thing in widely variable parts of the nation; so it’s not regional or by state only.
I’m doing well right now, and gas is $2.49 a gallon.
“Americans are just to stupid to realize how great things are...”
Joey! I didn’t know you were on FR! Welcome aboard.
The Hill polishing turds again. Did SS recipients get a 23% raise since 2019?
propaganda
Americans earned more last year
But the cost of living went up higher no net gain.
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