Rising inflation says otherwise. Worst effects may be yet to come.
Here is a chart: https://imgur.com/a/eOXF0UO
Note that there has been a shift in bargaining power since 1980 that is closing. That gap is not the result of inflation because inflation alone doesn't give employers bargaining power. If anything it increases bargaining power of employees vs the old job because the new job always pays more in nominal terms.
If only that option were realistically available to all, rather than just an entitled few.
A lot of the inflation I saw in the pandemic was perishable products where the supply was cut in some way or another. As long as people that want it badly can afford more they'll pay more for it. This is inflation, but it's not clear whether the money supply or the supply chains are the reason. The money supply was high in the preceding years as well, not leading to such high inflation.