The gender pay gap just grew for the first time in decades
BY CHRISTOPHER RUGABER AND ASSOCIATED PRESS
September 10, 2024
Economy’s hiring collapse turns Trump’s promises of instant results into plea for patience
BY JOSH BOAK AND ASSOCIATED PRESS
The income for the typical U.S. household barely rose last year and essentially matched its 2019 peak, the Census Bureau said Tuesday.
The gender pay gap just grew for the first time in decades
BY CHRISTOPHER RUGABER AND ASSOCIATED PRESS
September 10, 2024
Economy’s hiring collapse turns Trump’s promises of instant results into plea for patience
BY JOSH BOAK AND ASSOCIATED PRESS

For the first time in three years, Americans’ wages are no longer outpacing inflation.

In August last year, a Bankrate report predicted the gap between wages and inflation would finally close in 2026. Now, economists…

U.S. wage growth is lagging inflation for the first time since 2023, eroding consumers' purchasing power.

US CPI inflation jumped to 3.8% YoY in April 2026, outpacing 3.6% wage growth. Real wage compression frustrates voters and delays…

Real wages shrank in April for the first time in three years. Two-thirds of consumers are pulling back. The stock market didn't…

The energy-driven inflation surge is eating into household purchasing power.