382
Americans need an extra $11,400 today just to afford the basics
(www.cbsnews.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 29 Nov 2023
382 points (100.0% liked)
News
23274 readers
2879 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
When pay significantly lags the cost of basics you're gonna have a bad time.
And inflation was more than 3% last month? Still adding insult to injury.
Just a note - that 3% is anualized. That means at the current rate, 12 months adds up to 3%. Still, point is valid.
Inflation was 3.2% from October 2022-October 2023. When it's reported like that it's an annualized rate. So it would be more accurate to say inflation was 3.2% over the last year. Inflation from September 2023-October 2023 was unchanged (0%).
https://www.bls.gov/cpi/
Wage growth has also been ahead of inflation since January 2023. Inflation was outpacing wage growth from May 2021-Dec 2022
https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/
It makes my 6 percent raise drop to basically 2.8 percent. However, I'm thankful for getting a raise in the first place.
Unemployment is at historic lows and labor remains in high demand. This is the time to be bargaining with your employer for raises or entertaining competing job offers if you can. Also unions, more unions please.
I work in tech and we have had thousands of layoffs all year long. It's not as easy to find a better paying job. I have been trying since March.
I'm actually more than happy with my pay, but I hate the work, and the team I am on isn't exactly organized, so everything is a hot mess.
I wish tech would unionize. That would be amazing.
Totally understandable. All this data are averages across the entire economy, and people in different industries or situations or locations aren't all going to be experiencing the same thing.
You're also right about the tech industry, the tech industry is newer and lags other industries in unionizing efforts.
If you're interested in unions, the best place to start is by contacting existing unions for assistance. It's not always in the name, for instance united steel workers has been active in unionizing efforts in tech.
A campaign by the united communications workers of America has also been active and formed 25 bargaining units in the tech industry so far. https://en.m.wikipedia.org/wiki/CODE-CWA
It's also going to depend on what state you're in. If you look at a percentage of union workers by state, it's almost a direct red state blue state correlation, with so called "right to work" laws in red states heavily discouraging union formation.
Even if people aren't in a union, they benefit from unions in their industries as other employers have to compete with union benefits and pay. Sorry for the ramble, I just really like unions.
Working in tech amidst a hot mess seems to be the default position.
Haha, basically.