Why Wages Aren't Increasing
July 26, 2022
10 min
Full
342 of 678
July 26, 2022
Why Wages Aren't Increasing
0:00 / 10:54
Excerpt playback isn’t available for this episode — use the full-episode link.
Search the Record
Moment search isn’t open for this episode yet
When it opens, you’ll be able to type any phrase and jump straight to the second it was said.
The Economic Ninja Episodes Around July 26, 2022
Episode 342 of 678 — walk the feed in the order it was published.
10:54This episodeWhy Wages Aren't Increasing
Summary
<p>As The <a href="https://www.youtube.com/hashtag/unemployment">#Unemployment</a> and <a href="https://www.youtube.com/hashtag/joblessclaims">#Joblessclaims</a> come out we see something interesting. When adjusted for inflation, wages have remained virtually unchanged over the last 50 years, with workers today earning just 12 cents more than they did in 1972. And with inflation at its highest since 1971, Americans are feeling the pain of slow wage growth as SHTF 2022. Two-thirds of American workers said that inflation has outpaced any salary gains made in the past year. But some economists argue that the concept is merely a myth politicians use to promote their careers. So, how real is wage stagnation in America today and what does it mean for American workers? Watch the video to find out</p>
Episode details and artwork are published by the show’s own feed. Sentinel plays short cited excerpts and links every episode back to its publisher.