I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 70 of 84
More Americans are getting a second job to offset sting of high inflation
https://www.foxbusiness.com/economy/more-americans-are-getting-second-
job-offset-sting-high-inflation
Quote:
The constant presence of high inflation is pushing more Americans to take on a side hustle as the cost of everyday necessities continues to rise.
The Labor Department reported on Friday that nearly 8.13 million people held multiple jobs in January – up from 7.87 million one year ago. In total, they represent about 5.1% of the total U.S. workforce, an increase from 5% just one year ago.
The growing likelihood of Americans holding more than one job comes as they continue to confront stubbornly high inflation that has rapidly eroded their purchasing power.
In fact, the government reported last month that the average hourly earnings for all employees was $11.10 in December, which represents a 2.89% decline from the $11.43 figure in January 2021, shortly before the inflation crisis began.
I'm glad that the Joe Biden* Administration has created all these 2nd jobs for everybody that needs 2nd jobs.
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It’s Been 30 Years Since Food Ate Up This Much of Your Income
Ongoing high costs lead food manufacturers and restaurants to keep prices elevated
https://www.wsj.com/economy/consumers/its-been-30-years-since-food-ate
-up-this-much-of-your-income-2e3dd3ed?mod=hp_lead_pos7
Quote:
The last time Americans spent this much of their money on food, George H.W. Bush was in office, “Terminator 2: Judgment Day” was in theaters and C+C Music Factory was rocking the Billboard charts.
The difference was, everything else wasn't priced at insane levels, and you could still buy gas for a buck a gallon... many times less than a buck.
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Vox:
Why car insurance rates are so high
You’re paying a lot more for car insurance than you were in 2020. Here’s why.
https://www.vox.com/2024/2/21/24078362/inflation-car-insurance-distrac
ted-driving-costs
At least Vox is admitting there is inflation now.
Baby steps.
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CBS News: It's 80% more expensive to buy a home than it was in 2020.
https://www.cbsnews.com/news/salary-homes-how-much-you-need-to-earn-to
-buy-a-home/
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CNN: The American Dream is Under Siege
Americans’ cost of living remains a massive headache, even as recession fears fade
https://www.cnn.com/2024/03/02/economy/american-dream-cost-of-living-h
ousing-childcare/index.html
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NPR: 'Everything is rising at a scary rate': Why car and home insurance costs are surging
https://www.npr.org/2024/03/03/1233963377/auto-home-insurance-premiums
-costs-natural-disasters-inflation
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The Skyrocketing Costs Driving Cheeseburger Prices Up—and Restaurant Owners Out
Escalating payroll costs and diners’ dwindling tolerance for higher checks are putting independent restaurants in a squeeze
https://www.wsj.com/business/hospitality/restaurants-food-payroll-bars
-wages-f21ceb0a?mod=hp_lead_pos7
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US salaries are falling. Employers say compensation is just 'resetting'
https://www.bbc.com/worklife/article/20240306-slowing-us-wage-growth-l
ower-salaries
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Political correctness is just tyranny, with a smiley face.
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