Part 5/10:
The dynamics extend to the working class, who appear to benefit from the war in two significant ways. First, as many citizens enlist, the labor pool shrinks, pushing employers to raise wages to attract workers. Simultaneously, as the Ministry of Defense pumps money into military production, the demand for labor rises, leading to record-low unemployment rates and wage growth for many.
Despite concerns about inflation, which disproportionately impacts lower-income individuals, wage increases currently outpace inflation rates. This situation effectively grants the working class a unique period of economic strength, although it comes at the cost of economic instability in other domains.