Similar Stories to Inflation Wipes Out Pay Increases For Most on Bing News

Taegan Goddard, Political Wire
Sat, 01/22/2022 - 7:04am

“It’s a good time to be an American worker. Wages are climbing higher, and they’re expected to stay that way for years,” the Wall Street Journal reports. “Employees can quit a job and likely find better pay elsewhere. Many companies are boosting salaries as they scramble to fill open positions.” Washington Post: “But in an unexpected twist, the same strong economic recovery that is emboldening workers is also driving up inflation, leaving most Americans with less spending power than they had a year ago.”

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Topics:  american   wall street journal    employees   washington   post   inflation   pay   
BING NEWS:
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  • German retirees will get an inflation-busting pension increase this year
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    Rolling coverage of the latest economic and financial news ...
    04/23/2024 - 3:19 am | View Link
  • BOE Chief Economist Says He’s Cautious on Interest Rate Cuts
    Bank of England Chief Economist Huw Pill said he’s erring on the side of caution in deciding when to cut UK interest rates, saying officials need to remain on guard for risks that inflation ...
    04/23/2024 - 1:08 am | View Link
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