Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind

If the trend persists, it gives Americans leeway to propel the economy through increased spending, which could help the U.S. skirt a recession.

Wages rise more than 4% while consumer prices increase 3%

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I’ve worked 2 manufacturing jobs in the past 2 years, and know others that work at other factories. We have not received raises that track with inflation, ever. I know this is anecdotal, but lived experiences often differ to what stats are cited.

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