this post was submitted on 23 Sep 2023
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5% after 20 years of stagnated wages is still unimpressive if you ask me. And those wages have gone up because workers just won’t work for less. But immigrants will. The government gets their tax dollars.
Obviously it’s more complex but the housing crises, wages, inflation, it’s all connected and relative to each other. We are so screwed
Wages have fairly consistently beat inflation since around the turn of the millennium.
Perhaps you're still stuck in the 1990s?
Have they kept up with inflation in the last 5 years?
Most especially. There was a a short period through the height of COVID where there was some struggle, but wages have done very well in the last five years, before and after COVID.
The last five or so years has quite possibly been the strongest job market Canada has ever seen. Of course wages are going to do well.
Ah I guess it's just me getting hosed then. That's good information to have that everyone else's wages were keeping up with the rampant inflation