Wages rose 38 percent in 7 years, Jeremy Horpedahl notes

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Wages rose 38 percent in 7 years, Jeremy Horpedahl notes — Wages up 38 percent over 7 years

Wages have increased 38 percent over the past 7 years, which is more than the rise in prices as measured by CPI-U. Jeremy Horpedahl pointed out this comparison in his comments on recent wage and price trends.

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Horpedahl has previously compared inflation-adjusted net worth across generations, noting that Millennials are ahead of Gen X and Boomers at similar ages. He has also reported that young Americans are significantly wealthier now than in 2019. These analyses provide context for his recent comments on wage and price trends.

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