Friday, April 15, 2022

Workers losing ground as wages fail to keep up with inflation

Workers losing ground as wages fail to keep up with inflation - Inflation-adjusted earnings for the first quarter of 2022 show that American workers are losing ground, forcing a larger percentage of the workforce out of living-wage job status for the month of March and into the ranks of the “functionally unemployed,” according to an analysis by the Ludwig Institute for Shared Economic Prosperity (LISEP). LISEP issued its monthly True Rate of Unemployment (TRU) for March in conjunction with the quarterly True Weekly Earnings (TWE) report for the first quarter of 2022. […] Click here to read: eTurboNews | TravelNews | World Talk
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