ITT: I haven’t personally experienced it so this is not true.
I wonder if y’all realize how like conservatives you are sometimes.
this post was submitted on 02 Jul 2024
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Is that why I was fired after training my replacement that was paid less than me? Is that why nobody is paying the amount I was formerly paid for my skill set now?
Cuz, from my point of view, nobody wants to train and nobody wants to pay employees what they’re worth.
Not sure who down voted you ... I guess people really don't have to work lol
Talk about privilege
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https://en.m.wikipedia.org/wiki/Economic_Policy_Institute
This is a pro Union and pro labour org
But this inflation shill is hard to reconcile tbh
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loud. sustained fart sounds yeah right
Too bad the inflation number they're using is exactly what the whole 'lies, damn lies, and statistics' saying is talking about.
yeah my raises have been like 2% still and food is double what it used to be.
That's not incompatible with what they said. They're saying that the rate of wage increases over the last year outpaced inflation. They also ran below inflation during the COVID-19 crisis.
COVID-19's impact started in 2020.
looks at graph in article
Okay, though it looks like inflation only took off in early 2021.
They're saying that from June 2023 to June 2024, real wages increased. But they also decreased for about two years prior to that, from a couple months into 2021 until about halfway through 2023 -- you can see the dark blue line being below 0 for that period (or, equivalently, that the medium blue line was above the light blue line). Halfway through 2023, it then rises above 0, and has been above since that point. But the period of time that it was decreasing (a bit over two years) was about twice as long as the one year that it's been increasing, and during that decrease period, was decreasing faster than it increased over the last year. So they're rebounding, but they won't be where they were immediately prior to the crisis.
So, basically, they're not saying anything worthy of a headline, much less a whole article. Thanks for letting us know... smdh.
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For who?
"For whom", and it's an average.
Whom gives a fuck?
*who
Use "who" with "he", and "whom" with "him".
Wow
I'd assume you, given that you asked.
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It's so nice to be leaving another historic, traumatic crisis and entering another depressing normal, where we get to live out our tedious, soul crushing lives while we await the next crisis.
Not this citizen here, though. This "tal" is a real patriot, sharing half-assed hopium around like smearing shit on his teeth and grinning at us all. 🤦🏼
I wonder what the average income is for US families if one was to remove all the billionaires from the statistic.
I can’t wait for that train to come to town.
The real median household income in the United States for 2022 was $74,580, which represents a 2.3 percent decline from the 2021 estimate of $76,3301. This figure is based on money income, which is pretax and does not account for the value of in-kind transfers. It’s important to note that this calculation excludes billionaires and focuses on the broader population.
It seems that they are already excluded for some reason.
They are not excluded, it's just the the number of people is used, not the amount of money
Sounds like the median calc is done after billioares are removed
There are only about 1000 of them so not really sure what that does in labour market of 160m lol
If you use median, removing or not of 1000 people from a pool of millions indeed has zero impact. My guess is that they worded it like that because they assume people don't knownwhat a median is, so they describe the practical effect
Because it’s a median which by definition excludes extremes.
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