The January reading of the consumer-price index is due at 8:30 a.m. ET. Economists expect the CPI increased 2.9% from a year ...
The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four quintiles since 2006, and over a nearer-term timeframe. From the end of 2005 ...
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
So while wages have seen some increases, they haven't been enough to keep up with the rising costs of goods and services. This means workers are effectively earning less than before when adjusted for ...
The numbers: Wages and benefits for American workers continued to decelerate in the fourth quarter, the Labor Department said Friday. The employment cost index rose at a 3.8% clip in the 12 months ...
American workers got a bit more of a boost in pay than expected in January. Average hourly earnings for all employees on private nonfarm payrolls rose by 0.5% month over month in January. Wage growth ...