Rapidcreek@lemmy.world to politics @lemmy.world · 1 month agoU.S. job gains totaled 272,000 in May, more than expectedwww.cnbc.comexternal-linkmessage-square21fedilinkarrow-up181arrow-down16
arrow-up175arrow-down1external-linkU.S. job gains totaled 272,000 in May, more than expectedwww.cnbc.comRapidcreek@lemmy.world to politics @lemmy.world · 1 month agomessage-square21fedilink
minus-squareanticolonialist@lemmy.cafelinkfedilinkEnglisharrow-up14arrow-down4·1 month agoJob growth doesn’t mean shit if it’s not accompanied by wage growth. They keep talking job numbers as if that alone pays the bills.
minus-squareRapidcreek@lemmy.worldOPlinkfedilinkarrow-up6·1 month agoFrom the article Regarding wages, average hourly earnings were higher than expected as well, rising 0.4% on the month and 4.1% from a year ago. The respective estimates were for increases of 0.3% and 3.9%.
minus-squareanticolonialist@lemmy.cafelinkfedilinkEnglisharrow-up4arrow-down6·1 month agoStill doesn’t mean shit if people can’t live on those wages.
minus-squareRapidcreek@lemmy.worldOPlinkfedilinkarrow-up8arrow-down1·1 month agoWell, it’s better than inflation. But, I realize that whine is for another reason.
minus-squareanticolonialist@lemmy.cafelinkfedilinkEnglisharrow-up1arrow-down2·30 days agoNot when inflation has exceeded wage growth
Job growth doesn’t mean shit if it’s not accompanied by wage growth. They keep talking job numbers as if that alone pays the bills.
From the article
Still doesn’t mean shit if people can’t live on those wages.
Well, it’s better than inflation. But, I realize that whine is for another reason.
Not when inflation has exceeded wage growth