“…US workers were earning just 12 cents more in 2022 than they did in 1972…”
January 20, 2023
“…According to CNBC, American workers were earning an average of $27.45 per hour in June of 2022. Back in 1972, the same workers made an average of $3.88 an hour…
When adjusted for inflation, American workers are earning just 12 cents more today than they did in 1972.
In other words, real wages — wages in terms of the number of goods and services that can be bought — have essentially been stagnant for 50 years…”
https://finance.yahoo.com/news/something-concern-us-us-workers-150000437.html