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A comment on US inflation jumps to 3.8% as energy costs surge from Iran war. Parent comment

Re:US inflation jumps to 3.8% as energy costs surge from Ira... by WarmWash on Tuesday May 12, 2026 @11:15AM (#48109563)
That's why macro economic data is based on nationally reported data from tens of thousands employers rather than just one company.

We can look at the data and clearly see the inflection point where wages started rising faster once the pandemic began.

https://fred.stlouisfed.org/series/ECIWAG

And looking at real wages, we can see that wages have actually outpaced inflation since ~2015

https://fred.stlouisfed.org/series/LES1252881600Q

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Re:US inflation jumps to 3.8% as energy costs surge from Ira... by b40d-48b2-979e on Tuesday May 12, 2026 @01:02PM (#48111041) 

    wages have actually outpaced inflation since ~2015
Yeah.. just ignore the 30 years where it was basically stagnant.
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Re:US inflation jumps to 3.8% as energy costs surge from Ira... by WarmWash on Tuesday May 12, 2026 @02:56PM (#48112718)
The driver of real wages is the economic level of the whole country, which moves at a pretty slow pace (if at all) for an advanced economy. Many jobs today pay around the same as they did 30 years ago, because dollars (currency) aren't a measure of true value, and lots if not most jobs produce the same relative value today as they did 30 years ago.

To put that more plainly, lower class, middle class, and upper class defining jobs pretty much stay the same.

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