#Bidenflation Continues To Outpace Wages
View Source | March 21, 2023 9:03 am
- 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.
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