Shareholders, who are for the most part not workers.
If living costs raise and the quality of available jobs worsens (e.g. less job security) but your wage stays the same that's objectively a loss.
If living costs raise and the quality of available jobs worsens (e.g. less job security) but your wage stays the same that's objectively a loss.
> If living costs raise and the quality of available jobs worsens (e.g. less job security) but your wage stays the same that's objectively a loss.
True, but that hasn't happened.