Wage increases slowed down this month — again. The payroll company ADP says year-over-year, the median wage gain is 4.6% for people who stay in the same job. It’s 6.2% for the people who switch jobs.
In recent weeks, Treasury Secretary Janet Yellen and Sen. Tim Scott offered seemingly contradictory claims when discussing the impact of inflation on the typical American’s wages and income. During ...
Inflation has risen quickly over the past few years — but wages have been rising slightly faster. Lower-income workers have seen even bigger boosts to their purchasing power thanks to earnings that ...