For decades, the Federal Reserve has acted quickly when wages rise, while other sources of inflation have often received a slower response. Amid the latest inflation surge, it may be time to ...
With inflation sticky and wage growth falling, real wages for most Americans are now in negative territory. This comes after years of negative real wages during the pandemic recovery, which has ...
Wages still trail inflation, but the gap has narrowed to 1.2 points from a peak of 4.8 in 2022. Since 2021, prices are up 22.7% vs. a 21.5% rise in wages. Only a few sectors—retail, health care, ...
Wage growth is slowing down for all workers following the booming recovery from the COVID-19 pandemic, but it’s dropping at the fastest pace for workers at the bottom end of the income spectrum.
The year-over-year change in the CPI rose by 2.4 percent in May, slightly accelerating over April’s year-over-year increase of 2.3 percent. The overall trend is one of deceleration in the CPI, but at ...
Victoria University provides funding as a member of The Conversation AU. New data show wages have risen by a bit more than inflation, but overall real wages are still languishing near 2011 levels.