The 3 Sectors Where Wage Growth Is Still Outpacing Inflation
With inflation heating up, Americans’ spending power is under stress. But in a few sectors, wages are still growing faster than inflation. New data published on Wednesday showed inflation in May exceeding 4% for the first time since 2023 and outpacing private-sector wage growth for the second-straight month, at 4.2% and 3.4%, respectively. The chart … Read more