US Economy adds 272,000 jobs

[Crepitus]

This isn't an actual count of new jobs but an estimation by our corrupt Dept. Of Labor.

And the UE rate went up. So if that's the case, why are you crowing about these imaginary jobs?

From your link:

 

[Harpy Eagle]

But yet, still have record debt:

Household Debt and Credit Report

Unique data and insight into the credit conditions and activity of U.S. households

www.newyorkfed.org

the amount has being going up at a steady rate since 2014, why did you not whine about it during the previous Admin?

 

[rightwinger]

Yes if you were a 1% er or you were a fast food worker in California. Of course that pay increase in California did not work out so well.
But hey it brought the wage increase figures up. That was all that counted right? It doesn’t matter that so many lost jobs and more will.

One percenters do not make an hourly wage

 

[rightwinger]

Average?.....Nope
The few people I know making $34+ an hour are Union workers like the Post Office.
The vast majority of working people are making way less than your bogus Biden hourly pay claim.

You are welcome to post any data that supports your claim

 

[braalian]

One percenters do not make an hourly wage

Well, something’s skewing that number upwards. We all know $34/hr isn’t reflective of reality

 

[rightwinger]

Well, something’s skewing that number upwards. We all know $34/hr isn’t reflective of reality

Show me otherwise

$34 an hour is $68,000 a year

 

[braalian]

Show me otherwise

“Average” in the statistical sense doesn’t mean “average” in the colloquial sense.

The average (in the colloquial, everyday sense of the word) hourly wage earner doesn’t make over $34/hr and I think you know that unless you’re lying or spectacularly out of touch with the common man.

It may be true technically, but only if a small number of high wages overpower the masses who make closer to $20

 

[rightwinger]

“Average” in the statistical sense doesn’t mean “average” in the colloquial sense.

The average (in the colloquial, everyday sense of the word) hourly wage earner doesn’t make over $34/hr and I think you know that unless you’re lying or spectacularly out of touch with the common man.

It may be true technically, but only if a small number of high wages overpower the masses who make closer to $20

OK

Show wage data that you prefer to average wage?

 

[braalian]

OK

Show wage data that you prefer to average wage?

Median hourly earnings U.S. 1979-2022 | Statista.

 

[Synthaholic]

In Joe Bidens inflationary economy

Point to a specific action from Biden that caused inflation.

 

[braalian]

Granted, that’s two years ago, but still.

We all know $18.12 is a lot closer to what the average hourly worker is making than $34

 

[Synthaholic]

Inflation is out pacing any wage increase unless you happen to be in the 1%.

This is false.

 

[Synthaholic]

Inflation still outpacing wage growth for a majority of Americans:

‘A tale of 2 economies': Wages are going up. Why do we feel like we can't afford anything?

A majority of Americans, around 64%, saw an increase in wages between October 2022 and October 2023. But if most workers saw bigger paychecks, why do so many people still feel like everything is too expensive?

www.nbcwashington.com

False

 

[Synthaholic]

The vast majority of working people are making way less than your bogus Biden hourly pay claim.

Doesn't know how averages work.

 

[rightwinger]

View attachment 958773
Median hourly earnings U.S. 1979-2022 | Statista.

OK
Median wages have also increased significantly

 

[Synthaholic]

OK

Show wage data that you prefer to average wage?

Don't you get it, rightwinger ??? It doesn't FEEL like your numbers are correct, so they can't be!!!

 

[Synthaholic]

View attachment 958773
Median hourly earnings U.S. 1979-2022 | Statista.

That's median.

 

[Sunni Man]

That's median.

median = majority

 

[braalian]

OK
Median wages have also increased significantly

yes they have, due to inflation most likely

I actually am in agreement that the economy is doing well. I’m certainly doing well and, frankly, most of the middle class people I see “struggling” have been living way beyond their means for years and it’s catching up with them

But $34/hr as the average wage is, at best, misleading. Anyone who is working class or even knows someone who is working class knows that

 

[braalian]

That's median.

Right

And in this case a more accurate picture of working class wage earners than is the “average” which is obviously skewed upwards by something