• Maggoty@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      8 months ago

      You should really read your sources. The chart is not inflation adjusted. The report tells you the 12 month inflation adjusted figure.

      Inflation-adjusted wages and salaries increased 0.8 percent for the 12 months ending March 2024.

      Oh yeah we beat the pants off inflation! Whew baby! Oh by the way, there’s still the preceding years of wild fucking inflation to make back. As well as the decades of stagnant wages versus inflation.

      • iopq@lemmy.world
        link
        fedilink
        arrow-up
        1
        arrow-down
        1
        ·
        7 months ago

        I did read my sources, because when I said we beat inflation, that’s what my source says

        Decades of stagnant wages

        Good news, we had more than a decade of growing wages (the COVID spike is due to compositional effects)