Despite inflation, wages are still higher than pre-pandemic levels

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%.

Inflation rising at the same rate as pay raises. Neglected to mention 'shrinkflation'. Paying more or the same for less product. Inflation might be slowing slightly... but not at grocery stores and not at the gas pump.

Not in Ghana

주님께서는 은혜의 구원을 베푸시지만 악인은 진노로 심판하십니다 EmbraceHoliness

That's what happens when we force businesses to pay a more reasonable amount. It should continue to go up.

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