this post was submitted on 26 Jul 2025
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Economics

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Inflation outpaces wage growth for over 40% of Americans (www.forbes.com)
submitted 3 weeks ago by MicroWave@lemmy.world to c/economics@lemmy.world
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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.

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[โ€“] bear@lemmy.blahaj.zone 30 points 3 weeks ago (1 children)

The purchasing power of average Americans has been in decline for generations.

[โ€“] pdxfed@lemmy.world 8 points 2 weeks ago

The trickle down is almost here, just need to give the rich and powerful just a few more tax breaks, monopolies, legal impunity. Just stay the course.