5 days ago
More Than 40% of Americans See Decline in Real Pay, Indeed Says
Paychecks for more than 40% of American workers are lagging the rate of inflation, and it's likely middle- and lower-earners who are getting squeezed, according to job-search firm Indeed.
Overall US pay growth as measured by the Indeed Wage Tracker is still running ahead of inflation, but the gap has shrunk to the smallest it's been in 12 months, according to a report published Thursday. Almost six in ten workers saw their paychecks grow faster than the cost of living as of June — meaning that the rest aren't keeping up.
