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One chart shows the US is a rare major economy where wages have been outpacing inflation
Data from the OECD shows that between 2019 to 2023, the United States and Canada saw their average wages increase by 5.2% and 3.6%, respectively, when adjusted for inflation. Meanwhile ...
AOL1mon
Wages are rising faster than inflation. Why doesn't it feel that way?
An interactive data tool launched by the Hamilton Project, part of the nonpartisan Brookings Institution, allows users to compare recent wage growth and inflation by several different measures.
International Monetary Fund9y
High Inflation and Real Wages
Abstract: Empirical data show that real wages fall sharply during periods of high inflation. This paper suggests a simple general equilibrium explanation, without relying on nominal rigidities. It ...