Rapidcreek@lemmy.world to politics @lemmy.world · 2 months agoU.S. job gains totaled 272,000 in May, more than expectedwww.cnbc.comexternal-linkmessage-square18fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkU.S. job gains totaled 272,000 in May, more than expectedwww.cnbc.comRapidcreek@lemmy.world to politics @lemmy.world · 2 months agomessage-square18fedilink
minus-squareanticolonialist@lemmy.cafelinkfedilinkEnglisharrow-up0·2 months 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-up0·2 months 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-up0·2 months agoStill doesn’t mean shit if people can’t live on those wages.
minus-squareRapidcreek@lemmy.worldOPlinkfedilinkarrow-up0·2 months agoWell, it’s better than inflation. But, I realize that whine is for another reason.
minus-squareanticolonialist@lemmy.cafelinkfedilinkEnglisharrow-up0·2 months 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