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Growing Number Of Americans Report Shrinking Pay

Percentage Edged Up To 11.7% In July, Worsening Inflation's Impact

  • Morning Consult reported that the percentage of Americans whose pay is shrinking keeps edging up
  • The poorest Americans have been the hardest hit
  • 13.9% of Americans earning less than $50,000 reported decreased pay
  • Meanwhile, food prices increased 11.2 percent and energy prices spiked 43.5%
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