With inflation dropping from 9.1% in June 2022 to 2.7% in June 2025, real wages for these low earners are now growing for the first time in years. The Financial Times failure to mention this context makes me question their motives.
With inflation dropping from 9.1% in June 2022 to 2.7% in June 2025, real wages for these low earners are now growing for the first time in years. The Financial Times failure to mention this context makes me question their motives.
They do talk about inflation in the article.
The FT is being disingenuous.
Do actual research to make sure you understand a topic? Nah!
Come up with a conclusion, then go looking for evidence to support it, cherry picking if needed? Absolutely.
Gotta get those clicks
This is a lie. Low earners had strong real term wage growth under the previous administration.
This is total crap [1][2].