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unusual_whales (unusual_whales@masto.ai)'s status on Tuesday, 23-Jul-2024 10:01:23 JST unusual_whales

Just 13% of workers in the U.S. are now earning less than $15 an hour, per Axios.
Two years ago, that number was 31.9%.
#news #finance #economics #stocks #options

In conversation about 4 months ago from masto.ai permalink
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  unusual_whales (unusual_whales@masto.ai)'s status on Tuesday, 23-Jul-2024 11:04:48 JST unusual_whales
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  Accounting for inflation — $15 an hour in 2024 has the same buying power as about $14 in 2022, per Axios.
  Read more: https://t.co/34sVEkKvAx
  #news #finance #economics #stocks #options
  In conversation about 4 months ago permalink
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    Just 13% of workers in the U.S. are now earning less than $15 an hour
    
    Just 13% of workers in the U.S. are now earning less than $15 an hour. Just 13% of workers in the U.S. now earn less than $15 an hour, compared to 31.9% two years ago, according to new data from Oxfam. Why it matters: Even when adjusting for inflation — $15 an hour in 2024 is equivalent to about $14 in 2022 — this represents significant progress. This change is especially meaningful for the millions of Americans who rely on and spend every additional dollar they earn. Zoom in: This year, Oxf

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