Quote:
Originally Posted by prospectheightsresident
-Unlike years ago, we are seeing regular wage increases along with the good employment numbers AND steady increases to the labor participation numbers. So, no, these are not the exact same numbers.
|
"Wage growth" that just about equals inflation is no
growth at all. Not to mention, this alleged "wage growth" is made to look stronger because of the increases in minimum wage. That is NOT something I'd be bragging about.
The LFPR has barely budged at all since Trump took office and is still at a lousy 63.3%. Low-wage part-time jobs in the service sectors aren't "good economic numbers" at all. So, yes, this is essentially the same exact numbers -- just as bad and, in some cases, even worse. Don't believe the lies told by the government, media, and talking heads.