A whopping 97% of US jobs have failed to keep up with inflation since 2019

Sharing is Caring!

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%.

See also  Biden extends national emergency due to terror threats, ongoing since 9/11

finance.yahoo.com/news/whopping-97-us-jobs-failed-145000095.html

Views: 30

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.