Episode Details

Wages are falling behind inflation again, with prices up 3.4% and paychecks only rising 3.2% — leaving workers’ real buying power shrinking. A new University of Chicago and ADP study reveals the lingering effects of pandemic-era inflation are still squeezing household budgets, especially since switching jobs isn’t always a viable escape. The research calls this an “inflation transfer,” where companies profit while workers lose out — and with job market growth slowing and payrolls dipping, the squeeze is only getting tighter for regular folks.

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