Inflation rates have slowed down somewhat, after having soared to record highs in recent years, but the damage to Americans’ purchasing power has been done — no matter how much you earn or what field you work in.
In fact, a staggering 97% of jobs have failed to keep up with inflation over the last five years, a recent Moneywise investigation reveals, with salaries projected to fall even further by 2028.
Taking a look at data from the Bureau of Labor Statistics (BLS), the Federal Housing Finance Agency (FHFA) and Redfin, the report found salaries have fallen by an average of 8.2% since 2019 when inflation is taken into account. Conservation scientists and foresters have suffered the largest reduction in pay, at over 21%.
finance.yahoo.com/news/whopping-97-us-jobs-failed-145000095.html