Jobs, Markets, and The Economy
Bloomberg Intelligence
00:00
Are the Wage Increases Keeping Up With Inflation?
Average hourly earnings have increased at four and a half % annualized rates, were actually seen a little bit of moderation. But i think you have to take into consideration the fact that we've added so many jobs over the past years. And so when we look at the aggregate income being derived from the labor market, it is enough to outpace inflation. That's limiting, eleast blunting fom the impact of the fiscal support of strit an what that means for real household income over over the coming month.
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