12 Oct Are Wages Growing in the Current Economy?

After the pandemic took a large toll on the United States economy, employees who had previously lost their jobs have made a return to the workforce and employment in the country has made a comeback. Despite the return to work, inflation has become a serious issue and the economy is on the brink of another recession, something that has not happened since 2020 due to the COVID-19 recession. As costs for goods and services continue to rise, American workers are feeling the strain on their wallets. Incomes for workers have stayed stagnant while prices for things like food, gas, and household goods continue to grow at a high rate. The U.S. remains in a tight labor market that is...