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Wages Can't Keep Up With Inflation | Business and Finance News
Published 1 week, 6 days ago
Description
Inflation’s back with a vengeance, and wages are barely keeping up—real buying power for the average paycheck has dropped over four percent since 2021, leaving 37% of workers worse off than they were four years ago. With CPI surging 3.4% while hourly wages only rose 3.2%, the squeeze is real: raises are losing value, prices are climbing, and job-hopping is the only escape—but even that comes at a cost.
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