- Inflation has outpaced wages for nearly two years, federal data shows.
- A closer look at federal wage and pricing data shows workers are making less overall as the price for all kinds of goods and services rise faster than average hourly wages.
- The U.S. Bureau of Labor Statistics tracks “real” average hourly earnings, which are wages of Americans with rising inflation taken into account.
Trending
#Bidenflation Continues To Outpace Wages
WASHINGTON, DC - FEBRUARY 16: U.S. President Joe Biden listens to a question from reporters as he walks toward Marine One on the South Lawn of the White House February 16, 2023 in Washington, DC. Biden is traveling to Walter Reed National Military Medical Center in Bethesda, Maryland for his annual physical health exam. (Photo by Drew Angerer/Getty Images)
