• vmaziman
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    3 months ago

    How does this purchasing power increase compare with rent increases and price of groceries and gas?

    • iopq@lemmy.world
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      3 months ago

      This is real earnings, which means it’s a 2.8% increase above the increase off those costs

        • vmaziman
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          3 months ago

          This is actually pretty nice then especially since the figures report the biggest increase occurs in the 25th percentile.

          I am curious to see how this stacks up compared to historical periods