Paychecks outpace inflation

U.S. paychecks outpace inflation, but disparity in wage growth remains

Black Americans lag behind wage growth and face added risks with rise of Buy Now, Pay Later options as paychecks outpace inflation.
0 Shares
0
0
0
0
0
0
0
0
0
0
0
0

The United States has recently seen paychecks outpace inflation, but the story isn’t the same for all demographic groups.

According to a Bloomberg report, pay gains vary significantly among these groups. While White, Asian, and Hispanic Americans experience positive real wage growth at the start of the year, Black Americans’ pay gains lag behind inflation. Additionally, women’s earnings keep up with rapid price growth, whereas men’s fall behind.

To continue reading, become a Brand&Culture member.

30-Day Free Trial

(No credit card required)

Plans start at $20

Already a Brand&Culture member? Log in.