Birdwatch Note Rating
2024-05-30 10:41:25 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 833164BFB652D52C842E55AE0AA83F70A936835991416051CB8D257A9F2AB6E7
Participant Details
Original Note:
Inflation has been cooling in the US by many factors since 2022. US unemployment rate has remained under 4% since August 2023. However average hourly earnings havent improved in recent years-meaning purchasing power trends negatively & cannot give boosts to economic growth. https://www.reuters.com/markets/us/us-consumer-prices-rise-less-than-expected-april-core-cpi-slows-2024-05-15/ https://fastercapital.com/content/Wage-growth--How-Wage-Growth-Affects-Your-Purchasing-Power.html#:~:text=wage%20growth%20affects%20the%20purchasing,can%20boost%20the%20overall%20economy https://www.bls.gov/news.release/empsit.nr0.htm
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