Inflation zaps California’s big pay raises of pandemic era

Inflation zaps California’s big pay raises of pandemic era

The “Looking Glass” ponders economic and real estate trends through two distinct lenses: the optimist’s “glass half-full” and the pessimist’s “glass half-empty.”
Buzz: The pandemic era’s large pay hikes for California workers look tiny after inflation’s huge bite.
Source: My trusty spreadsheet reviewed government stats on average weekly wages and inflation rates. The focus was comparing the…

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