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    unusual_whales (unusual_whales@masto.ai)'s status on Tuesday, 23-Jul-2024 11:04:48 JSTunusual_whalesunusual_whales
    in reply to

    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 conversationabout 4 months ago from masto.aipermalink

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    1. Domain not in remote thumbnail source whitelist: unusualwhales.com
      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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