Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most pressure.
Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most pressure.
From the article, the 40% with falling wages are not the ones I expected. Custodians, grocers, and service sector are in the top 50% it seems, their wages are doing well vs inflation. It’s surgeons and programmers who are seeing wages drop.
So it’s kinda a weird headline. From the article, this sounds like the labor gains I would want to see.