Pay Raises Are Finally Beating Inflation

What this episode covers

Americans’ hourly wages rose an average of 4% in June, outpacing the current 3% rate of inflation. WSJ economics reporter Amara Omeokwe joins host J.R. Whalen to discuss why that doesn’t necessarily mean more spending power for consumers. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Frequently Asked Questions

How long is this episode of WSJ Your Money Matters?

This episode is 6 minutes long.

When was this WSJ Your Money Matters episode published?

This episode was published on July 19, 2023.

What is this episode about?

Americans’ hourly wages rose an average of 4% in June, outpacing the current 3% rate of inflation. WSJ economics reporter Amara Omeokwe joins host J.R. Whalen to discuss why that doesn’t necessarily mean more spending power for consumers. Learn...

Can I download this WSJ Your Money Matters episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.