Wages are up since before the pandemic. But as we all know, so are prices. Which is rising faster? It depends on which measures of wages and prices you use, but for most reasonable measures, prices have outpaced wages since early 2020.
Inflation Has Wiped Out Average Wage Gains During the Pandemic (maybe)
The latest CPI inflation report didn’t have a huge surprise in the headline number, with 8.3% being very similar to last month. But with the two most recent months of data, we can now see som…
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