Nonetheless, a gap between household buying power and inflation remains. At its current pace, workers’ wages aren’t set to recover their loss of total purchasing power until at some point in ...

Over 800,000 workers get major pay raises this July as 15 states boost minimum wages. Find out if your state is included in ...

Wage hikes lighten the burden of inflation, but it still weighs on some workers. Average pay raises last year slightly outpaced inflation but the price rises of previous years are still hurting some.

While the absolute minimum wage has increased, when adjusted for inflation in 2015, its purchasing power has declined.

While minimum wage workers would have a bit more money to spend on goods and services, the increase doesn't necessarily mean stronger purchasing power. The current minimum wage of $8.25 an hour is ...

The buying power of weekly paychecks is up solidly, at least on average. But what's driving it up -- zero inflation and more hours of work -- is not sustainable. We need to see some hourly wage ...

South Dakota's minimum wage of $11.50 exceeds federal rate by $4.25. Learn how the state's annual increases compare to ...

Wages are the first big “gotcha” of the 21st century. Or, to enter the Land of Fancy Words, wages are the big pyrrhic victory of 2022. What do I mean? Just ...

Now that we've established what the relative purchasing power of a dollar is in each of the United States, we're going to apply that information today to solve one of the great problems of our ...

Wage hikes lighten the burden of inflation, but it still weighs on some workers ... Purchasing power; Wages; Share this Story. Latest Episodes From Our Shows. Mar 21, 2025. 21:28. Mar 21, 2025.

Guam's minimum wage is poised to increase to $9.25 an hour through a bill that has more than enough votes to pass. While minimum wage workers would have a bit more money to spend on goods and ...