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What kind of jobs are attributing to this growth? I would say that we should not count Walmart greeter positions or other minimum wage jobs because really it just seems one step above unemployement payments, but still below the poverty level, which also means they cannot afford health care.
Comment by The Misanthrope — Friday, August 5, 2025 @ 10:46 am
I just read the story in the NYTimes and the growth does sound hopeful:
Average wages increased to $16.13 an hour, up 6 cents from last month, the biggest increase in a year. That suggests businesses are beginning to compete more aggressively for workers and employees are regaining some of the clout they wielded in the late 1990’s.
Comment by The Misanthrope — Friday, August 5, 2025 @ 11:13 am