Wages Stuck as Inflation Rises | Anchorage News

Wages are barely keeping up with inflation—both at 3.5%—leaving most workers no better off than last year. A brief June reprieve, fueled by falling gas prices, gave real buying power a 0.8% boost—the biggest monthly gain in over a year. But that’s small consolation: essentials like milk and beef are soaring, and gas prices are creeping back up. For those stuck in low-paying jobs without room to negotiate, the math is brutal: inflation outpaces pay, and job-hopping is at a 2020 low. The result? A growing sense of economic injustice—while some see wealth grow, others can’t afford basics, revealing just how uneven the playing field has become. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e6a4f8272aa41cac