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Inflation Outpaces Wage Growth For Over 40% Of Americans (www.forbes.com)

submitted 4 days ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] supernicepojo@lemmy.world 2 points 3 days ago* (last edited 3 days ago)

I dont believe that 40% is right. Pulling numbers from working adults that are in the labor pool is just statistic fuckery. Almost a 1/3 of working age Americans dont or cant work and wouldnt even be considered. Examples of those collecting SSD or SSI arent included, and that absolutely does not keep up with inflation.

Physicians and surgeons led the way in slowest growing wage growth with a 0.8% increase since last year, which was followed by driving jobs (1%). Other slow-growing categories include arts and entertainment (1.2%), software development (1.4%), beauty and wellness (1.6%) and logistic support (1.7%).

What a weird way to look at this. Doctors make way more than drivers do, so an increase of .8 makes up way more value than 1% increase to drivers. Its directly comparing apples and oranges.

This article is bad and leaves a lot out of the whole story about work. Its under reporting and disingenuous.