| ▲ | ch4s3 2 hours ago | ||||||||||||||||
> Inflation wiping out income growth Real income means inflation adjusted, so we actually see the median income outpacing inflation right now. > More people outside employment than COVID or Great Recession There's a lot going on here. One factor is that many people retired early during the pandemic and are going to skew this stat. It's also worth pointing out that the labor force participation rate is ~62% and peaked historically at 67%, so it's not that far off. > Are you ignorant or propaganda peddler This is needlessly inflammatory. | |||||||||||||||||
| ▲ | lowbloodsugar 2 hours ago | parent [-] | ||||||||||||||||
“Inflation adjusted” is offset by the changes to what inflation measures. And again income has only gone up because people are working multiple jobs. | |||||||||||||||||
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