There are not enough workers here and many of the ones that are here in your lower end jobs flat out are not good workers for a multitude of reasons. We're talking people that I wouldn't hire to clean toilets or sweep floors. The wages that go up for the average Joe at best neutralizes inflation here and at worst/more common still sees you taking a step back. You can say that the numbers are the numbers, but the reality is that the cost of inflation is outpacing the average Joe's pay here. If someone gets a $1/hr rase but food costs go up 10% and rent goes up by $300/month, etc. how does this exactly work out? Not to mention if you need to buy a vehicle and the interest rates are higher.
Their predictions fwiw are likely shit. They said that it'd take 5 years for tourism to come back after covid. If there's one thing that you should know about Hawaii it's that our government workers in high positions are often crap at their jobs. Their word on paper is worth less to me than TP.
I certainly take your word on the Hawaiian government predictions. Though for what it is worth they also agree with many private sector predictions for the broader US economy and for what we are experiencing here in Canada.
I don't have specific US data for non-union workers but in Canada non-union hourly wages have increased by almost $5 per hour since the beginning of the pandemic from $27.08 per hour up to 31.95%. Add on another 3% or so for this year, which is conservative, and that takes you to $32.91. This is an increase of around just over 20% since the beginning of the pandemic. Net inflation has been around 19%. So since the pandemic real wages are up very modestly. But if we look at starting in 2022 inflation has been a hair over 5% but wages are up about 8%.
Your example of the Average Joe is not actually the average person in the US. In the US since the beginning of the pandemic hourly wages are up on average $5.26 or just under 15%. But yere to year this year they are up 4.9%. So similarly to Canada US wages are accelerating now and wage growth is exceeding current inflation rates.
Now this does not mean that there are not people experiencing exactly what you describe. But they are fewer of them than it might seem. Moreover, the NHL may well not be worrying to much about the guy you call the Average Joe. A study in 2014 had the one third of NHL fans with an income over $100K compared with about 19% of the population earning that amount. That percentage would probably be much higher now. As a league they have traditionally had the highest income fans as compared to the other major sports. For many of these people their wages have outpaced what they spend on basic living costs and they now have more disposable income than they did pre-pandemic.
Again, none of this is to suggest that people are not hurting. Many are. I grew up in a family that barely survived paycheck to paycheck. My parents would have been very hard hit because so much of their money went to basic living expenses like food. The whole series of posts was simply evidence of why it is not likely that current economic circumstances would see NHL revenues decrease.