Emeritus Prof Christopher May on Nostr: The impact of #inflation on #workers in one graph: the gap between nominal wages & ...
The impact of #inflation on #workers in one graph:
the gap between nominal wages & #inflation adjusted real wages is growing & confirms that for #workers real wages have stagnated....
The UK is an economy where real rewards flow upwards to the elite, whereas the rest of us are slowly but surely seeing our income & wealth stagnating or reduced.
No wonder workers are increasingly (rightly) convinced the economic system in the UK works against them & their families!
the gap between nominal wages & #inflation adjusted real wages is growing & confirms that for #workers real wages have stagnated....
The UK is an economy where real rewards flow upwards to the elite, whereas the rest of us are slowly but surely seeing our income & wealth stagnating or reduced.
No wonder workers are increasingly (rightly) convinced the economic system in the UK works against them & their families!