Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

Why Americans feel gloomy about the economy despite falling inflation and low unemployment

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Why Americans feel gloomy about the economy despite falling inflation and low unemployment

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s.

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dangblingus@lemmy.world
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11 months ago
Yeah sure, less than 1% of working Americans make minimum wage. Gonna need a citation for that one.
- SCB@lemmy.world
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  11 months ago
  It’s 1.3%
  
  https://www.bls.gov/opub/reports/minimum-wage/2022/home.htm
  
  And that’s counting all laborers, including young people and the heavily disabled who have work programs

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