Maybe where you are. Service industry job wages have all gone up significantly since pre-covid where I live.
Re:How Far Does $1 from 1999 Go Today?
by steveBK123 on Monday October 16, 2023 @09:54AM
(#37899932)
Wages have not stagnated. It's been a defining feature of our COVID inflation that inequality stats have gotten better.
Specifically in HCOL coastal cities, we've seen increases to minimum wage, adjustments to the "tipped minimum wage" laws that mean business needs to cover more of the wage, and finally.. labor shortages causing restaurants to pay over even those increased minimums.
It wasn't long ago NYC minimum wage was under $10/hr, with "tipped minimum" being $7/hr. Now you have some restaurants paying $20/hr to get staff.
Re:How Far Does $1 from 1999 Go Today?
by onlyrealcuzzo on Monday October 16, 2023 @10:04AM
(#37900049)
Personal income has not stagnated in constant terms (or real terms): https://united-states.reaproject.org/analysis/comparative-tr...
Wages have stagnated, but rent and energy has gone up. It's mostly the rent that you are paying for when you eat out.