You must log in or register to comment.
Average hourly earnings rose 0.2% for the month and 4.2% from a year ago,
Oh cool, but also the inflation rate in 2022 was 6.5%, so again, company profits are going up and people are taking home less pay, generally. Love these “feel good” articles about how well corporations are doing
I’m not sure what they mean by “payrolls”. Is it talking about the number of people on the payroll?
In other words, you didn’t read the article.
Addendum, the article states wage growth was slightly under expectations, which means it must be new hires, since if it was a staggering amount of overtime, that’d be its own headline.
