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> real wage growth. Something that's not existed since the 1970s

Real wages are 15% higher than they were in 1979 [1].

[1] https://fred.stlouisfed.org/series/LES1252881600Q



That is not hourly earnings. Americans are working longer than they did in 1970.

On top of that even if we take your link at face value that's a 0.35% growth per year. The medieval warm period had faster wage growth.


> That is not hourly earnings

Hourly earnings (nominal) have grown at 3.2% per year between 2006 and 2025 [1]. Inflation in that interval was 2.7% [2].

> Americans are working longer than they did in 1970

Source? These data show hours worked are down [3].

[1] https://fred.stlouisfed.org/series/CES0500000003

[2] https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1&year1=200601...

[3] https://fred.stlouisfed.org/graph/?g=18H2H


If you look very carefully you can notice that 2006 is not 1970.

>Source? These data show hours worked are down [3].

https://www.stlouisfed.org/on-the-economy/2018/october/how-h...


Do you have the underlying data? I’m curious if per capita is being averaged across whole population or workers. If the former, that seems to penalize younger-aged countries.


And let’s not forget that single income households converted to dual income households, from 47% to 66% of married couples.

https://taxfoundation.org/data/all/federal/america-has-becom...

(Not my favorite think tank but they have a nice chart.)


The real-wage data above aren’t household statistics.


Only because the inflation metrics don't include housing.


> Only because the inflation metrics don't include housing

Which price index are you looking at that doesn’t include housing?


Consumer price index is probably the most common one and it doesn’t include housing.


> Consumer price index is probably the most common one and it doesn’t include housing

Almost all BLS price indices, including CPI, include housing. (CPI measures the “rent of primary residence, owners' equivalent rent, utilities, bedroom furniture” [1].)

[1] https://www.bls.gov/opub/hom/cpi/concepts.htm#the-cpi-as-a-c...


Serves me right for asking AI.

Of course, CPI doesn’t capture whether people have roommates or have made other adjustments to keep their housing costs within income limits.


CPI-U is deceptive and misses the point entirely, cheap t-shirt and televisions don't matter when people can't afford healthcare or housing.


Honestly, even if that takes into account housing and everything, doesn't that seem... pathetic? All of the automation and technological advancement and productivity gains over the past 45 years, and average workers in the US see a measly 15% higher real wage over that timespan. Compared to the obscene (real) wealth increase by those at the top during the same span, this seems pathetic to me.




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