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Overseas Network, February 1. According to a report by Fox News in the United States on January 31, in the last three months of 2022, the growth rate of wages and benefits of most urban residents in the United States will slow down, and the inflation rate in the United States will still exceed the increase in wages of the people. speed.

The report released by the US Department of Labor on January 31 showed that the US employment cost index rose by 1% between October and December, lower than the 1.2% figure in the third quarter and lower than economists’ previous forecasts. It was the lowest quarterly gain in the U.S. in 2022. In the 12 months of 2022, Americans’ wages will increase by 5.1%. That compares with a final inflation rate of 6.5% at the end of the year, meaning wage increases for millions of Americans in 2022 are more than offset by higher consumer prices.

Fox News said that wage growth in most parts of the United States is slowing down, and differences in salary between regions are also obvious. Miami is an area with extremely high inflation in the United States. Although the annual salary increase of the local people is much higher than the national average, reaching 6.2%, it is still lower than the inflation rate of 9.9%. Fox News stated that high inflation has caused serious financial pressure on American families, especially low-income groups have been disproportionately hurt

By Admin