Reposted by Kyle K. Moore
Since the Iran war started, wages have been losing ground to prices, according to @kdoc-writes.bsky.social, TCF's chief economist.
“The American worker is working harder, productivity is up, wage growth is tepid, prices are continuing to rise," said Moore: www.marketplace.org/story/2026/0...
marketplace.org
Wage growth can't compete with inflation right now
The latest jobs report shows that, as inflation has risen during the Iran War, wage growth has continued to slide. Wages are now growing at the slowest pace in more than five years.