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Saturday, August 15, 2026

As Inflation Eats Up Pay Gains, Workers Fall Behind

When prices spiked in 2021-22, wages failed to keep up for many workers, new research shows. Now the pattern is repeating. Americans’ paychecks are losing ground to inflation. Government data released this week showed that consumer prices rose 3.4 percent in July from a year earlier, outpacing a 3.2 …

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