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BEA Release, Wages Rise 4.5 Percent but Inflation Rises 6.6 Percent, Workers Fall Further Behind
[BACK]
Posted On: April 29, 2022
The Bureau of Economic Analysis (BEA) released March and first quarter (Q1) data today on personal income and outlays [DATA HERE]. The results show an increase in Q1 wages of 4.5%. However, inflation is running 6.6% on the items workers need to purchase. The net result on Main Street is unsustainable inside the economy. The […]
The post BEA Release, Wages Rise 4.5 Percent but Inflation Rises 6.6 Percent, Workers Fall Further Behind appeared first on The Last Refuge.
Re Posted From: BEA Release, Wages Rise 4.5 Percent but Inflation Rises 6.6 Percent, Workers Fall Further Behind
[BACK]
[BACK]Posted On: April 29, 2022
The Bureau of Economic Analysis (BEA) released March and first quarter (Q1) data today on personal income and outlays [DATA HERE]. The results show an increase in Q1 wages of 4.5%. However, inflation is running 6.6% on the items workers need to purchase. The net result on Main Street is unsustainable inside the economy. The […]
The post BEA Release, Wages Rise 4.5 Percent but Inflation Rises 6.6 Percent, Workers Fall Further Behind appeared first on The Last Refuge.
Re Posted From: BEA Release, Wages Rise 4.5 Percent but Inflation Rises 6.6 Percent, Workers Fall Further Behind