Average hourly wages accelerated, rising by 0.4 percent over the month, to $36.24 in May, as earnings continue to beat inflation in a boost to workers’ spending power.
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I bet you guys didn't know the dollar losing value is inflationary!!!!
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I bet you guys didn't know the dollar losing value is inflationary!!!!
a weaker dollar tends to spur inflation as US consumers are forced to pay more for foreign-made goods genius
Also wage increases cause inflation because the cost of producing goods and services goes up as companies pay their employees more. Companies must charge more for their goods and services to maintain the same level of profitability to make up for the increase in cost
Not good news if you're on a fixed income
All this will be good bump material by fall
Keep it coming.
Imagine if you will, Michael Conforto presently batting 170, telling Aaron Judge who is batting 377, how to hit?
That's what we got going on here, except lefties and their media sources are batting far below 170
At this point in time, what difference does it make? They're never going to grow up.
C'est la vie
That's what we got going on here, except lefties and their media sources are batting far below 170
At this point in time, what difference does it make? They're never going to grow up.
C'est la vie
Let's unpack this stupidity shall we?
In 2018, wages rose sharply. Real wages rose 1.1% from December 2017 to December 2018 and wages and salaries rose 3.1% Q3, the biggest increase in a decade.
What happened with inflation?
In 2018, the annual inflation rate was 2.4% and in 2019 it dropped to 1.8%. In fact, after the biggest wage increases in 10 years, the inflation rate was 1.6% in January 2019 which was a decline from January 2018.
In other words, the exact opposite happened compared to what this economic illiterate says happens.
This utter simpleton is just typing idiotic stuff that has no connect to reality.
You mean like it was going to be in June? It really won't. But your inability to recognize how dumb you sound will always be funny.
You are a low IQ, very, very ignorant person who has a bizarre compulsion to go on the Internet and talk about topics you know nothing about and make a fool of yourself.
No they're not. You're just flailing.
In 2018, wages rose sharply. Real wages rose 1.1% from December 2017 to December 2018 and wages and salaries rose 3.1% Q3, the biggest increase in a decade.
What happened with inflation?
In 2018, the annual inflation rate was 2.4% and in 2019 it dropped to 1.8%. In fact, after the biggest wage increases in 10 years, the inflation rate was 1.6% in January 2019 which was a decline from January 2018.
In other words, the exact opposite happened.
