logo
welcome
Vox

Vox

Wages are rising. Jobs are plentiful. Nobody’s happy.

Vox
Summary
Nutrition label

80% Informative

Poll after poll shows that American ns say the economy is absolutely awful.

The labor market is good — as is much of the economy — and people say that everything is terribl The past couple of years y it doesn’t? There are some obvious answe America o why Americans are so disgruntled.

People report hearing more negative news about employment than they did in the mid t the past several months nship and negative media bias play a role.

Inflation also feels like a thing happening to people outside of their control.

Full employment does not address how prohibitively expensive some major pillars of our economy are.

The economy has se Americans ompression as low-wage workers have been ab Americans e advantage of the tight labor market.

That may cause some consternation for more middle- and upper-middle-class Americans.

Consumers and businesses have kept spending. years Ramamurti Americans ighLightText__NxlGi">Americans 2022 Atlantic recent years _highLightText__NxlGi">Derek Thompson Americans American 2024 >2019 to 2022 one the Roosevelt Institute Felicia Wong today American xlGi">America < nine class="summaryFeed_highLightText__NxlGi">four years ago Hsu hours the United States ghtText__NxlGi">Chick 2018 Gi">B 2019 Democrats Republican NxlGi"> the White House > Republican ss="summaryFeed_highLightText__NxlGi"> Democratic /span> Republicans n’t Hsu the mid to late 2010s< Justin Wolfers class="summaryFeed the University of Michigan higan the University of Michigan’s Institute for Social Research 2019 htText__NxlGi">Joanne Hsu these days the Federal Reserve’s _highLightText__NxlGi">the National Economic Council Bharat Ramamurti

VR Score

82

Informative language

79

Neutral language

57

Article tone

informal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

25

https://www.marketplace.org/2022/03/23/companies-still-say-they-cant-find-enough-workers-whats-going-on/https://src.isr.umich.edu/people/joanne-hsu/https://news.gallup.com/poll/510281/unions-strengthening.aspxhttps://www.reuters.com/article/factcheck-chickfila-wage/fact-check-16-50-starting-wage-chick-fil-a-poster-doesnt-reflect-company-wide-policy-idUSL1N2QX19S/https://rooseveltinstitute.org/authors/felicia-wong/https://www.economist.com/graphic-detail/2023/09/07/the-pandemic-has-broken-a-closely-followed-survey-of-sentiment?utm_source=substack&utm_medium=emailhttps://www.theatlantic.com/ideas/archive/2023/11/american-household-income-improvement-voter-sentiment/675959/https://www.federalreserve.gov/publications/files/scf23.pdfhttps://www.economist.com/finance-and-economics/2019/07/18/a-debate-is-under-way-about-the-cost-of-higher-education?ppccampaignID=&ppcadID=&ppcgclID=&utm_medium=cpc.adword.pd&utm_source=google&ppccampaignID=17210591673&ppcadID=&utm_campaign=a.22brand_pmax&utm_content=conversion.direct-response.anonymous&gclid=CjwKCAiA3aeqBhBzEiwAxFiOBhnAYkzJCCEAY9X0GwpcfnX-C39QMTwK91_QtEe22ulMCv-d0I5xXBoCe4IQAvD_BwE&gclsrc=aw.dshttps://www.nber.org/system/files/working_papers/w31010/w31010.pdfhttps://data.sca.isr.umich.edu/get-chart.php?y=2023&m=9&n=24br&d=ylch&f=pdf&k=fd60cb3906a9d7b6cef40f23d2cc1b3f7dd03fdcf1b5b2f50a89201358fb2367https://direct.mit.edu/rest/article/105/3/493/100979/Partisan-Bias-Economic-Expectations-and-Householdhttps://www.reuters.com/markets/us/us-durable-goods-orders-unexpectedly-rise-august-2023-09-27/https://www.bloomberg.com/news/newsletters/2023-09-14/economists-eye-retail-sales-for-clues-to-consumer-resilience?sref=qYiz2hd0https://apnews.com/article/spending-consumers-inflation-economy-growth-federal-reserve-b1d34bc43a0da960a152911b7c230881https://www.nytimes.com/2023/09/12/us/politics/senior-biden-aide-who-quietly-helped-shape-economic-agenda-is-leaving.htmlhttps://www.theatlantic.com/newsletters/archive/2022/06/american-economy-negative-perception-inflation/661149/https://www.suffolk.edu/news-features/news/2023/09/14/14/51/sbs-usat-econ-poll-2023https://twitter.com/arindube/status/1724147813766881715?s=20https://www.cnn.com/2019/12/20/politics/cnn-poll-economy-2020-matchups/index.htmlhttps://www.investopedia.com/terms/f/fullemployment.asphttps://fordschool.umich.edu/faculty/justin-wolfershttps://www.whitehouse.gov/briefing-room/statements-releases/2023/05/01/fact-sheet-president-biden-delivers-update-on-his-strategy-to-build-on-americas-small-business-boom-while-speak-mccarthy-and-house-republicans-threaten-to-harm-small-businesses-and-eliminat/#:~:text=Americans%20filed%20nearly%2010.5%20million,jobs%2C%20a%20near%20historic%20level.https://www.nytimes.com/2022/07/15/business/economy/inflation-economy-polling.htmlhttps://www.nytimes.com/2023/04/07/business/economy/wages-prices.html

Affiliate links

no affiliate links