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2024-01-02 00:18:08

Eagle Globe & Flanker on Nostr: #Economy #Hope For much of the economic recovery from Covid-19, prices have increased ...

#Economy #Hope
For much of the economic recovery from Covid-19, prices have increased faster than paychecks, which means real wages, adjusted for inflation, shrank.

However, the trend has started to shift recently, with paychecks catching up to inflation.

“As time goes on here and inflation remains low, incomes will catch up and pass inflation,” Zandi said. “People will start feeling better about things.”

https://www.cnn.com/2024/01/01/business/5-reasons-to-be-optimistic-about-the-2024-economy/index.html
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