link for reference: https://fortune.com/2023/08/29/salaries-raises-new-hires-declining/
This article took me by surprise… if it is true, working class people should definitely be alarmed. Housing, childcare, medical care, even food are still wholly unaffordable but its okay for businesses to cut wages because its just the job market “cooling” and “normalizing”. There's nothing normal about life for the working class right now and this article is all just buzzword capitalist economics BS to make you think what's happening is some kind of self-regulating natural phenomenon. And of course the author had to blame inflation on high wages right at the end. Disgusting. Please keep fighting any way you can for higher wages and against misinformation blaming workers for the state of this country.