Last edited Fri Aug 5, 2022, 09:38 PM - Edit history (1)
According to this, there has been a steady increase (save for a couple flat spots) in inflation-adjusted wages since the mid-90's, so last 30 years almost. (And other than the pandemic era where it jumped with all the layoffs due to mostly lower wage workers being laid off, and has been trending down since with the rehiring of them -- but still slightly higher than pre-pandemic!).
But that was after falling since 1973 until 1996.
Real (meaning inflation adjusted) Weekly Earnings of Production and Non-Supervisory Workers
http://data.bls.gov/timeseries/CES0500000031
(set the beginning time to say 1970 or before).
I think that the post 2008 recovery did not generate many jobs. Wasn't it called "the jobless recovery?"
I hadn't heard that before, other than from Romney in 2012, and Trump in 2015-16, and assorted repukes. But it was the slowest post WW-II job recovery, and the media spared no opportunity in mentioning it.
# Nonfarm Employment (Establishment Survey,
https://data.bls.gov/timeseries/CES0000000001
I set the from year to 1980 on this one.
Monthly changes (in thousands):
https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth
Jobs fell during the housing bubble crash until February 2010, and then grew steadily since then (until the pandemic). But nowhere near as fast as what we've experienced since the pandemic bottom of April 2020.
I post links to key data in every LBN jobs report posting (the ones that come out the first Friday of every month, or the 2nd Friday occasionally), so that people can see the data for themselves, rather than rely on media characterizations and message board rando postings.
https://www.democraticunderground.com/10142951997#post2
Also all that is also in the link in my sigline
http://www.democraticunderground.com/111622439
= new reply since forum marked as read
