Is Your Paycheck Keeping Up With San Diego's Inflation? | Phillip Molnar, Brittany Meiling episode artwork

EPISODE · Aug 31, 2019 · 17 MIN

Is Your Paycheck Keeping Up With San Diego's Inflation? | Phillip Molnar, Brittany Meiling

from San Diego News Fix · host San Diego News Fix

If you have been working in San Diego County for the last decade and feel like you are in worse financial shape now, there might be a reason for that. Sluggish wage growth, exacerbated by rising housing costs, have eroded workers' buying power.Taking into account yearly inflation — which considers the cost of such things as housing, gasoline and food — overall wages in the county have increased just 2 percent from 2008 to 2018. That's according to an analysis by the San Diego Union-Tribune of data from the U.S. Bureau of Labor Statistics. Read more: https://www.sandiegouniontribune.com//business/economy/story/2019-08-30/san-diego-restaurant-workers-see-wages-climb

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Is Your Paycheck Keeping Up With San Diego's Inflation? | Phillip Molnar, Brittany Meiling

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