It’s not certain rising wages will be enough to outpace inflation

It’s not certain rising wages will be enough to outpace inflation

As the economy picks up in the wake of the Covid pandemic, concerns about inflation are also gaining steam.
Already, prices on some goods, like cars, are noticeably higher, stoking fears that a sudden uptick in inflation will decrease purchasing power over time.
Although consumers may pay more for everyday items, companies facing a labor shortage are also paying more to get workers to walk in the…

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