How It Started ... How It&;amp;#039;s Going: Inflation-adjusted hourly wages lower today than when Biden took office
Favicon 
www.allsides.com

How It Started ... How It&;amp;#039;s Going: Inflation-adjusted hourly wages lower today than when Biden took office

Wage growth in the United States has lagged behind inflation for most of President Biden';s term in office‚ with average hourly pay today below what it was in January 2021.However‚ in the last year and overall since the pandemic‚ wage growth has outpaced inflation‚ a fact the White House has celebrated as Biden seeks re-election to a second term in November.";Inflation is down two-thirds from its peak and annual core inflation is the lowest since May 2021. Wages are rising...