New Report: Latest Data Shows Real Wages Rising Again

Detail: Median weekly wages rose substantially faster than inflation (4.2% v. 2.6%) between 3rd quarter of 2023 and 3rd quarter of 2024. This is the 8th straight quarterly report showing year-over-year real wage gains.

#Economy #Wages #Election2024 #USPol #USPolitics

The Biden-Harris admin is "The Envy of the World."

Driving this strong economic growth is robust employment -high employment rate in particular reflects historically elevated private sector employment. The share of ppl 25-54 with a private sector job in Sept 2024 (69.5%) wasn't only higher than in 2019 (69%) but -essentially the highest in US history. #Wages are at an all-time high aside from an anomalous blip in the middle of the pandemic.
#HarrisWalz #USPol #Bidenomics
https://www.americanprogress.org/article/americans-wages-are-higher-than-they-have-ever-been-and-employment-is-near-its-all-time-high/

The two sides have agreed to a 62% 😳

Source: https://www.npr.org/2024/10/03/nx-s1-5139450/dockworkers-port-strike-deal

How blatantly must you have exploited your workers to make such wage increases possible?

#exploitation #wages #wage #job #work #labour #Problem #politics #economy #humanrights #fail #usa #news

https://www.salon.com/2020/12/12/government-study-shows-taxpayers-are-subsidizing-starvation-wages-at-mcdonalds-walmart/

“Millions of Americans employed at some of the country's largest companies have had to rely on food stamps and Medicaid, with giants like Walmart and McDonald's employing the most workers whose income is subsidized by taxpayers, according to a new study.”

#starvationwages #wages #employment #subsidizing #taxpayers #study

Government study shows taxpayers are subsidizing “starvation wages” at McDonald's, Walmart

The study showed that 70% of Americans who rely on food stamps or Medicaid have full-time jobs.

^Salon.com