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Despite rising salaries, inflation resulted in a 2.4 percent pay loss for the ordinary worker last year

Despite rising salaries, inflation resulted in a 2.4 percent pay loss for the ordinary worker last year KEY POINTS Inflation grew 7% in December from a yr earlier, the U.S. Department of Labor stated Wednesday. Average hourly wages additionally extended through 4.7%. That quantities to a pay reduce of extra than 2%, on common. However, the enjoy for employees will ...

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