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by giantg2 1129 days ago
This is actually happening already to a degree. Due to the pandemic work situation and inflation, many lower paying sectors had better wage growth (or at least less real wage loss). Not a large change, but a slight shift.
1 comments

That’s would be good but i dont think the wage growth is real. Rising prices eat away any pay rise they might get. It could even be that pay is actually getting lower.
Thanks for sharing this piece of news actually makes me happy.

But it would appear that there is effort being made to “correct” it:

> The Federal Reserve should refrain from raising interest rates too fast in the name of controlling inflation. Even a “mild” recession resulting from these actions will do significant harm to low-wage workers and their families.