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Is Inflation Forcing People to Live Paycheck-to-Paycheck?

We know that’s what CNN told people, but that is far from clear from the data. The lowest-paid workers have, on average, been seeing pay increases that exceed inflation. Here’s the picture for production and non-supervisory workers in the hotel and res…

We know that’s what CNN told people, but that is far from clear from the data. The lowest-paid workers have, on average, been seeing pay increases that exceed inflation. Here’s the picture for production and non-supervisory workers in the hotel and restaurant industry. The graph shows the average hourly wage adjusted for inflation. As can More

The post Is Inflation Forcing People to Live Paycheck-to-Paycheck? appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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