1. Dinámicas de Desigualdad y Crecimiento Salarial.
El periodo inmediatamente posterior a la crisis sanitaria se caracterizó por un aumento histórico en los ingresos de los sectores más vulnerables, una tendencia que parece estar revirtiéndose en la actualidad.
- Immediately preceding and following the pandemic, wages for poor workers began rising much faster than they did for the rich. That era may have now come to at least a temporary halt.
- The reduction in wage in equality in the pandemic period was dramatic - really unprecedented. We tend to only thing about inflation and that high inflation was hard on lower income families. But there were dramatic income improvements as well.
- Before and during the pandemic, the lower-income households experienced higher wage growth than other income groups. Since 2023, this relationship has flipped.
2. El Desafío de la Inflación y el Poder Adquisitivo Real.
A pesar de los incrementos nominales en los sueldos, el encarecimiento de productos básicos como alimentos y vivienda ha erosionado las ganancias financieras de la mayoría de los hogares.
- Median income has grown by 38 since the start of the pandemic 7 a year! which sounds good, until you factor in inflation, which led to a 27.15 increase in costs over the same period.
- Wages still havent caught up with inflation, four years after the pandemic caused prices to soar and created a cost-of-living crisis for many households.
- Real wages go negative with inflation sticky and wage growth falling, real wages for most americans are now in negative territory this comes after years of negative real wages during the pandemic recovery.
3. Agotamiento de Ahorros y Retirada de Estímulos Fiscales.
La resiliencia económica inicial, impulsada por transferencias gubernamentales y ahorros acumulados durante los confinamientos, ha dado paso a una mayor dependencia del crédito y vulnerabilidad financiera.
- Household savings collapsed from a 32 pandemic peak to near 3, leaving consumption far more exposed to wages and credit.
- The horrifying surge in poverty and economic insecurity more broadly afterward is attributable to pandemic aid programs expiring or being eliminated during a cost-of-living crisis.
- The most vulnerable were hit first and hardest. By 2023, the bottom 80 of earners had already burned through their pandemic savings. For these households, the excess became necessity.
4. La Consolidación de una Economía con Recuperación en Forma de K.
Se observa una creciente divergencia donde los sectores de altos ingresos mantienen su capacidad de gasto y acumulación de activos, mientras que el resto de la población reduce su consumo.
- The u.s. Economy is growing, but not evenly. What began as an uneven rebound from the covid-19 pandemic has hardened into what many economists describe as a k-shaped economy.
- The top 10 percent of earners are now estimated to account for roughly half of all spending. That growth is not being accompanied by an increase in hiring.
- The gap between higher- and lower-income households is widening as inequality progress since pandemic has gone into reverse.
5. Impacto en el Bienestar y Sentimiento del Consumidor.
Existe una desconexión notable entre los indicadores macroeconómicos positivos y la percepción de inseguridad financiera que reportan los ciudadanos en diversas regiones.
- Only 21 in 4th quarter said theyre better off financially than a year ago, near great recession lows. Drop in 3 steps pandemic 20, high inflation 21-22, and past year.
- A record 26 percent people say they are struggling to live on their current incomes an increase of 10 percentage points since before the pandemic.
- Wellbeing poverty since before the pandemic has been driven almost entirely by deteriorating general health, deteriorating mental health and rising loneliness.