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Inflation has devoured pay gains over the past year
The average real hourly wage, accounting for raises and inflation, went down by 0.3% over the past 12 months.
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Inflation has devoured pay gains over the past year
The average real hourly wage, accounting for raises and inflation, went down by 0.3% over the past 12 months.
- ·
Inflation trumps wage gains
Real hourly wage gains fell, again. Plus: labor productivity, Northeast housing, and early retirement.
