Rapidcreek@lemmy.world to politics @lemmy.world · 9 months agoJust Say It, Democrats: Biden Has Been a Great Presidentnewrepublic.comexternal-linkmessage-square28fedilinkarrow-up16arrow-down12
arrow-up14arrow-down1external-linkJust Say It, Democrats: Biden Has Been a Great Presidentnewrepublic.comRapidcreek@lemmy.world to politics @lemmy.world · 9 months agomessage-square28fedilink
minus-square31337@sh.itjust.workslinkfedilinkarrow-up0·9 months agoOn average, wage growth has outstripped inflation in the last 2.5 years, so most people are better off, income-wise: https://fred.stlouisfed.org/series/LES1252881600Q Unemployment is near historic lows as well: https://fred.stlouisfed.org/series/UNRATE Stock market is currently insane, but that’s probably just an AI bubble.
minus-squarekiljoy@lemmy.dbzer0.comlinkfedilinkarrow-up0arrow-down1·9 months agoIf you hopped jobs yea sure you get a pay bump. Not if you stay.
On average, wage growth has outstripped inflation in the last 2.5 years, so most people are better off, income-wise: https://fred.stlouisfed.org/series/LES1252881600Q
Unemployment is near historic lows as well: https://fred.stlouisfed.org/series/UNRATE
Stock market is currently insane, but that’s probably just an AI bubble.
If you hopped jobs yea sure you get a pay bump. Not if you stay.