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Study: 37% of US workers saw real wage decline from 2021 to 2024
A new paper from the University of Chicago's Becker Friedman Institute found that 37% of US workers experienced a real wage decline between 2021 and 2024. The findings suggest that inflation over that period eroded earnings for a large share of the workforce despite nominal pay increases. The research provides one of the most detailed pictures yet of how inflation hit American workers' incomes.
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