Up untill a week ago Nofrills carried these “three packs” of salmon for $10. Now the same pack contains two for the same $10. I thought it felt light when I bought it yesterday.

This comes to about $0.02 increase per gram, and a $1.10 price increase overall. Or a 11% increase in price overall. Meanwhile inflation is at 6-7%?

  • variants@possumpat.ioEnglish
    131·
    10 months ago

    so why not just lower the profit margins? also give me some of them record wages please, all I got was a bottle of champagne for all the work weve done and record profits but also raises in pay are frozen because of the turbulent times

    • BraveSirZaphod@kbin.social
      92·
      10 months ago

      so why not just lower the profit margins?

      Probably for the same reason you don’t casually decide to go to your boss and say that you voluntarily want a pay cut.

      https://tradingeconomics.com/united-states/wages

      Average hourly wage at the start of 2020 was $24. It’s now $29, which comes to about $10,000 more each year, and is an increase of about 21%. That growth has been concentrated in the service industry, but the data is pretty clear regardless, and the general trend applies to basically all sectors. Inflation in that same time period is 18.1%, so it simply is a matter of fact that the average worker has greater buying power today than they did in January 2020.

      That’s an average, of course, and may not necessarily apply to you individually.

    • CaptObvious@literature.cafeEnglish
      3·
      10 months ago

      You got champagne? All I got was runaround, brand new policies pulled out of thin air, and creative counting to deny seniority benefits. Turns out, I’ve worked for the same place 30 years when it inflates their retention and longevity numbers for the oversight agencies. I’ve also worked there for only a year (started a new position last year) when it suits them to deny a published benefit. The completely mindboggling part? These two countings were in the same email.