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WSJ is catching up (lemmy.world)

submitted 12 hours ago* (last edited 12 hours ago) by merdaverse@lemmy.world to c/whitepeopletwitter@sh.itjust.works

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[–] SinningStromgald@lemmy.world 32 points 11 hours ago (1 children)

Since the end of 2019, just before the pandemic, workers have basically just kept up. After inflation, average hourly wages are up 3%. For workers in aggregate, total compensation is up 8%. Meanwhile, profits have climbed 43%.

My annual pay has increases since 2019 but not enough to keep up with inflation. The extra money from the government during COVID did a good job hiding this for a bit but once it stopped the problem became very apparent.

[–] jubilationtcornpone@sh.itjust.works 8 points 9 hours ago

You're not still living high on the hog with your stimulus funds?