glizzyguzzler@lemmy.blahaj.zone to 196@lemmy.blahaj.zone · 7 months agoinflation rulelemmy.blahaj.zoneimagemessage-square25fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageinflation rulelemmy.blahaj.zoneglizzyguzzler@lemmy.blahaj.zone to 196@lemmy.blahaj.zone · 7 months agomessage-square25fedilink
minus-squareOldWoodFrame@lemm.eelinkfedilinkarrow-up0·7 months agoMaybe my math is wrong somewhere but I converted to dollars, multiplied the monthly amount by 12, and divided by 2080 (52 weeks*40hrs) and got $7/hr. If they’re excited about the “millions” being helped by a 5% increase to $7/hr their economy is probably not a good comparison to the US.
Maybe my math is wrong somewhere but I converted to dollars, multiplied the monthly amount by 12, and divided by 2080 (52 weeks*40hrs) and got $7/hr.
If they’re excited about the “millions” being helped by a 5% increase to $7/hr their economy is probably not a good comparison to the US.