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nhebb | 6 years ago

> Maybe now we can get some wage inflation!

We have been. Real (inflation adjusted) median household income has been going up in recent years, from ~$57k / household in 2014 to ~$63k / household in 2018:

https://fred.stlouisfed.org/series/MEHOINUSA672N/

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runako|6 years ago

I may be reading this wrong, but it looks like that chart (combined with the OP charts) says that median hourly income is just a hair over where it was in 1999. The trend is positive, but it looks like the median income is basically going up because people are working more hours (i.e. and not because of significant wage inflation).