Markets

Wage growth hits 5-year low as American workers find their take-home pay is ‘stretched thinner and thinner’

Summary

US employees are experiencing a squeeze as their take-home pay fails to keep pace with the rising cost of living. Data shows that worker compensation has grown slower than inflation for the second consecutive quarter, leaving household budgets increasingly strained.

Worker compensation grows slower than inflation for second straight quarter

Source: Read the full story at MarketWatch.com - Top Stories

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