If wages really are up, it’s only because they’re chasing inflation. I have my doubts, especially when you factor in wages versus inflation over the past 30 years you might’ve gotten a slight game in the past couple of months, but it’s nothing when measured cumulatively.
Yeah, wages generally go up due to inflation. And as you suspected, reports generally agree that wages are below inflation rate, meaning a decrease in real wages.
If wages really are up, it’s only because they’re chasing inflation. I have my doubts, especially when you factor in wages versus inflation over the past 30 years you might’ve gotten a slight game in the past couple of months, but it’s nothing when measured cumulatively.
Yeah, wages generally go up due to inflation. And as you suspected, reports generally agree that wages are below inflation rate, meaning a decrease in real wages.