@MicroWave@lemmy.world to

News@lemmy.world • 1 year ago

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind

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Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind

@MicroWave@lemmy.world to

News@lemmy.world • 1 year ago

If the trend persists, it gives Americans leeway to propel the economy through increased spending, which could help the U.S. skirt a recession.

Wages rise more than 4% while consumer prices increase 3%

Archive link: https://archive.ph/gKfPr

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@ericjmorey@lemmy.world
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3•1 year ago
Yet comparisons of methodologies show little difference.
- Pogogunner
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  1•1 year ago
  Right, they did it for fun. Not to keep COLA low, or any other perverse incentive the government has.
  - @ericjmorey@lemmy.world
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    1•1 year ago
    They published their reasons for methodology adjustments. But you’ve made up your mind regardless of the facts.

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