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Inflation Wipes Out Real Wage Growth, Threatening Trump's Economic Message

Inflation
International Business Times Fews App News Provider
Fews App Post Time 7h ago

A stretch of wage growth that had helped offset rising prices has largely disappeared as inflation accelerated sharply in recent months. Getty Images The inflation-adjusted wage gains that many American workers accumulated during the first year of President Donald Trump's second term have largely disappeared following a recent spike in consumer prices. Real wages for production and nonsupervisory workers, a closely watched measure of earnings for rank-and-file employees, are up just 0.

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