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

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.