this post was submitted on 28 Jun 2024
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29
Inflation vs. wages: How rising prices stack up against growing pay (www.nbcnews.com)
submitted 4 months ago by fukhueson@lemmy.world to c/news@lemmy.world
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[–] fukhueson@lemmy.world -2 points 4 months ago* (last edited 4 months ago) (1 children)

Mkay buddy

Edit: since for some reason it's common etiquette here to baselessly spout misinformation without sources, and since somehow it's incumbent on me to have to prove them wrong, putting all the effort on me instead of the original commenter making the claim, I'll play ball.

https://www.cbsnews.com/news/minimum-wage-increase-january-1-2024-see-the-states/

Higher minimum wages will go into effect on January 1 across 22 states, giving an economic boost to almost 10 million workers, according to a recent estimate.

The higher baseline wages will deliver almost $7 billion in additional annual wages to about 9.9 million workers, the left-leaning Economic Policy Institute said in a research post on December 21. The increases will boost the baseline pay to at least $16 an hour in three states: California, New York and Washington.

On top of the state pay hikes, an additional 38 cities and counties will also increase their minimum wages, the group said.

https://www.journalofaccountancy.com/news/2023/oct/budgets-for-salary-increases-rise-at-historic-rates.html

Budgets for employee salary increases have grown by an average of 4.4% in 2023, the highest increase in more than two decades, according to a long-running survey.

US Salary Increase Budgets, a survey conducted annually since 1985 by The Conference Board, also found that the 409 companies surveyed are forecasting another 4.1% increase in 2024. The 2023 increase is the largest since 2001.

https://www.hrdive.com/news/workers-received-fewer-smaller-raises-2023/702301/

Just over 40% of workers haven’t received a salary increase in the past 12 months, according to a survey of 1,500 full-time employees by BambooHR. For those who did get a raise, the average salary increase was 4.6%, compared to 6.2% in 2022.

Meaning, a minority of people didn't get a raise according to this survey, not a vast majority.

If you have any source saying the vast majority of people haven't gotten raises in years, that'd be news to me. Otherwise, this should be a lesson in not listening to down votes and not allowing unsourced low effort comments like this to remain up.

https://en.wikipedia.org/wiki/Burden_of_proof_%28philosophy%29

The burden of proof (Latin: onus probandi, shortened from Onus probandi incumbit ei qui dicit, non ei qui negat – the burden of proof lies with the one who speaks, not the one who denies) is the obligation on a party in a dispute to provide sufficient warrant for its position.

Edit: even after modifying your post nearly a day later, it is still misinformation. This is textbook bad faith. The original post involved only an unsourced claim about the vast majority not receiving a raise.