Wages lag inflation, signaling a growing squeeze on American households
TL;DR Summary
Inflation has continued to outpace wage growth, with August wage gains around 3.1% versus inflation near 3.4% by the end of July, according to the Labor Department, leaving real pay down and signaling headwinds for consumer spending and the broader economy.
- Here’s why wages are falling behind inflation, an economic warning sign The Washington Post
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- US Wages Growth Matches Forecasts at 0.3% TradingView
- There's very little inflation, if any, evident in the jobs report MarketWatch
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