Lee Duna@lemmy.nz

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News@lemmy.worldEnglish · 7 months 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 · 7 months 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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7 months ago
I think we should tie the minimum wage to local (probably generally county/parish) COL, updated biannually.

But the minimum wage currently shapes a miniscule amount of people’s bargaining power.

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