Real Wages Are Falling Again—Here’s Why a Massive Turnover Wave Is Brewing

Real Wages Are Falling Again—Here’s Why a Massive Turnover Wave Is Brewing

With inflation outpacing pay growth for four consecutive months, employers face a quiet retention crisis—and a growing risk of mass defections once the job market thaws.

Inflation outpaces wages again, and many workers were already behind

Inflation outpaces wages again, and many workers were already behind Click this link for the original source of this article. Author: CBS News This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the host site and...

As inflation eats up pay gains, workers fall behind

Government data released this month showed that consumer prices rose 3.4% in July from a year earlier, outpacing a 3.2% increase in hourly earnings over the same period.