Half Of OECD Countries Earn Less Now Than Pre-Pandemic

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2024-08-11 03:10:58 - Translate -

The United States fared better than others as real wages were just 0.8% lower in Q1 of 2024 than in Q4 of 2019. Neighbor Canada lost 2.4% of hourly real wages in roughly the same time period, while the loss was even more severe in Australia at 4.8%
https://www.zerohedge.com/personal-finance/half-oecd-countries-earn-less-now-pre-pandemic

The United States fared better than others as real wages were just 0.8% lower in Q1 of 2024 than in Q4 of 2019. Neighbor Canada lost 2.4% of hourly real wages in roughly the same time period, while the loss was even more severe in Australia at 4.8% https://www.zerohedge.com/personal-finance/half-oecd-countries-earn-less-now-pre-pandemic

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Half Of OECD Countries Earn Less Now Than Pre-Pandemic

...people in the US, Canada, Japan, Australia and many European countries now have less money at their disposal than roughly four years ago.

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