> Real wages are not keeping up with inflation.
Nope? For most people Year/Year and also over the last quarter, real wages have gone up. It is only for the most highly compensated workers (top 10% or so) that wages have not kept up with pricing. [0]
Nope? For most people Year/Year and also over the last quarter, real wages have gone up. It is only for the most highly compensated workers (top 10% or so) that wages have not kept up with pricing. [0]
My link shows that real factor income for all but the top 10% of earners is up which includes wages and capital income.
Your FRED link will have to contend with the fact that those most likely to be unemployed at the start of the pandemic are lower earners which is going to shift up the wages for 2020.