News for hackers. Stuff that matters.
Re:1 in 4 Americans are jobless or earning poverty-level wag... by simongr3dal on Saturday November 21, 2020 @09:11PM (#25174306)
Wage growth and gdp increases don't really do much for a lot of people if inequality is high.

Unemployments statistics also differ heavily on what the specific statistic consider unemployment to be.

Re:1 in 4 Americans are jobless or earning poverty-level wag... by refurb on Saturday November 21, 2020 @09:36PM (#25174431)
https://www.census.gov/library/publications/2020/demo/p60-27...

6.8% increase in median household income from 2018-2019. Look at the stats, most of that growth went into the lower quintiles.

And no, even if income inequality increases, higher incomes for low wage workers have real, immediate benefits.