Inflation actually isn't taking a bite out of your paycheck. Wages have been going up faster during the pandemic.
that"inflation has only a limited and temporary effect on people's wallets" while income growth has"offset much of the bump in prices."
Real hourly wages for nonsupervisory workers have grown by 2.5% from February 2020 to $25.83 in July 2021 versus an increase of 7.8% during that same time using nominal wages. Over just a month, real wages didn't really change but in terms of nominal amounts, going up by 0.4%.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Piers Morgan says A-level students deserve high grades after pandemic sacrificesThe former Good Morning Britain host has fallen on the side of the students who have received record breaking top exam results as he argues they've had to put up with 'crap' for 18 months
Consulte Mais informação »
Tyson Foods Says Labor, Grain Costs Boosting Meat PricesTyson Foods projected higher meat costs ahead, as the company seeks to pass along elevated prices for animal feed, increased wages and ongoing pandemic expenses to restaurants and supermarkets
Consulte Mais informação »
Oil crawls higher on solid U.S. demand outlook despite Delta surgeOil prices on Wednesday consolidated strong overnight gains as a bullish outlook for U.S. fuel demand outweighed concerns about mobility curbs in Asia with the spread of the highly infectious COVID-19 Delta variant.
Consulte Mais informação »
I’m Really Freaking Tired Of Being The Family Pandemic Decision MakerI'm tired of the pandemic, and tired of trying to figure out how to navigate it.
Consulte Mais informação »
Covid-19: Joy for Scottish clubbers and Sheeran and Jagger join India fundraiserFive things you need to know about the coronavirus pandemic this Monday evening.
Consulte Mais informação »
American workers are quitting their jobs at record rates. Here's whyThe pandemic inspired many American workers to leave their comfortable, stable jobs.
Consulte Mais informação »