When adjusted for inflation, wages have remained virtually unchanged over the last 50 years, with workers today earning just 12 cents more than they did in 1972. And with inflation at its highest since 1971, Americans are feeling the pain of slow wage growth. Two-thirds of American workers said that inflation has outpaced any salary gains made in the past year.
Inflation is at historic 40 year highs.
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American workers are earning just 12 cents more now than in the 1970s
10/28/2022
