Rapidcreek@lemmy.world to politics @lemmy.world · 2 years agoU.S. job gains totaled 272,000 in May, more than expectedwww.cnbc.comexternal-linkmessage-square21linkfedilinkarrow-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 · 2 years agomessage-square21linkfedilink
minus-squareanticolonialist@lemmy.cafelinkfedilinkEnglisharrow-up14arrow-down5·2 years 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-up6·2 years 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-down7·2 years agoStill doesn’t mean shit if people can’t live on those wages.
minus-squareRapidcreek@lemmy.worldOPlinkfedilinkarrow-up8arrow-down1·2 years agoWell, it’s better than inflation. But, I realize that whine is for another reason.
minus-squareanticolonialist@lemmy.cafelinkfedilinkEnglisharrow-up1arrow-down3·2 years 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