Real Wage Growth at the Individual Level in 2022

Abstract: Overall, 54% of workers’ nominal wage growth didn’t keep up with inflation over the past year. But young workers, low-income workers and job switchers tended to fare better than others.

Keywords: real wage growth; inflation;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2023-03-27