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The typical U.S. worker out-earned inflation by $1,400 a year, data shows

August 29, 2024 Robert Harrington

In the tug-of-war between paychecks and prices, the typical American worker has come out on top. 

While higher costs for everything from milk to medicines have preoccupied U.S. consumers in the pandemic era, earnings have also risen enough, on average, to push up households’ purchasing power a bit. And blue-collar workers have been the biggest beneficiaries. READ MORE

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