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News@lemmy.world • 1 year ago

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind

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Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind

@MicroWave@lemmy.world to

News@lemmy.world • 1 year ago

If the trend persists, it gives Americans leeway to propel the economy through increased spending, which could help the U.S. skirt a recession.

Wages rise more than 4% while consumer prices increase 3%

Archive link: https://archive.ph/gKfPr

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@SayJess@lemmy.world
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20•1 year ago
I’ve worked 2 manufacturing jobs in the past 2 years, and know others that work at other factories. We have not received raises that track with inflation, ever. I know this is anecdotal, but lived experiences often differ to what stats are cited.

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