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A comment on U.S. Wage Growth Is 'Higher Than We Think,' Fed Researchers Say.

Re:U.S. Wage Growth Is 'Higher Than We Think,' Fed Researche... by rbkillea on Wednesday February 27, 2019 @04:39PM (#19267192)
Now subtract 3 (or 6) percent to account for what money does under inflation (or market growth). If you don't geometric average a growth that outpaces at least 3%, you are working for less than you were when you started. If it's between 3% and 6%, you are being outpaced by institutional investors because your capacity for savings are extremely limited in comparison.
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Re:U.S. Wage Growth Is 'Higher Than We Think,' Fed Researche... by fucking_tragedy on Wednesday February 27, 2019 @05:01PM (#19267353)
This is the only sane way to look at it. If you compare it with historical correlations between compensation and productivity[1], then things look pretty bleak.

Over the last decade, engineer pay certainly hasn't kept up with increases in cost of living expenses, especially in places like SF or NYC.

[1] https://thumbor.forbes.com/thumbor/960x0/https%3A%2F%2Fblogs...

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