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by _jal 1437 days ago
> high median wage growth

Wages are noticeably down since 2020.

WSJ and others prefer to report nominal wages (unless the article is about business costs), but you don't have to fall for the scam.

https://jabberwocking.com/wages-continue-to-plummet/

2 comments

Yes the pandemic has caused falling wages. You surely noticed that 2020 is kind of a weird year? And inflation is currently causing wages to fall further.

But 2014-2020 was very different.

Can you explain how "[real] wages ... down since 2020" demonstrates "we have been in a recession since 2008"?