Recent reports indicate that global real monthly wages declined in 2022 for the first time in the 21st century. These wage plunges correlate slightly with crypto price declines and layoffs in 2022.
Real global wages declined in 2022
Wall Street sidabras, tweeted that “real global wages decline for the first time this century.” The tweet quoted the Global Wage Report 2022-2023, just recently released. The paper directly shows that the actual global monthly wages dropped by 0.9% for the first time since the year 2000.
Source: https://crypto.news/global-wage-fall-coincided-with-crypto-market-crash-in-2022/