Average weekly earnings beat inflation for the sixth month in a row in October:
Adjusted for inflation, wages rose at an annualized rate of 1.5% in October.
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Average weekly earnings beat inflation for the sixth month in a row in October:
Adjusted for inflation, wages rose at an annualized rate of 1.5% in October.
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How about we compare CPI-all to 2nd quartile median usual earnings and we set it to an index, Jan 2020 = 100: https://fred.stlouisfed.org/graph/?g=1AMc5
"Your wages are doing great compared to inflation! Just look at the last couple of years."
"But I'm mad about the last 50!"
But the rate! Look at the rate!
Have no fears, Trump will fix that!
MEOOOOOW...the newly elected convicted felon whore monger will put a stop to this!! Rich White people are the only ones that matter... they will get all the riches. .....Kitties know.
Why do they keep using average? Anyone with 10 neurons dedicated to statistics knows that this is a terrible, useless measure in most naturally occuring distributions of anything.
Jan 21 Trump will claim credit for taming inflation.