10/16/2026
A raise that does not keep up with inflation is not real progress.
Workers need to earn enough to cover basic expenses and build some financial stability. When inflation outpaces wage growth, people fall further behind even when they are doing everything right. A good job has to pay enough for people to actually get ahead.
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Average hourly earnings rose an anemic 0.1% from August and are up 3% year over year. That's against a backdrop of 3.4% inflation.