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US workers lose buying power as inflation outpaces wage growth for first time since 2023
US inflation hit 4.2% in May 2026 while wage growth slowed to 3.4%, eroding worker purchasing power for the first time since 2023 and squeezing budgets.
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cryptobriefing.com
US workers lose buying power as inflation outpaces wage growth for first time since 2023
US inflation hit 4.2% in May 2026 while wage growth slowed to 3.4%, eroding worker purchasing power for the first time since 2023 and squeezing budgets.
- ·
US inflation hits three-year high as consumer spending rises in May
US inflation hits a three-year high at 4.2% amid rising consumer spending. Inflation at 3.8% in June priced at 56% YES.
