US Treasury Secretary Yellen stated that real wage increases indicate Americans are making progress. A report by Peter Baker revealed that 57% of workers are earning more money after adjusting for inflation, with 41% experiencing a real wage increase of over 5%. Additionally, Dan Primack and Rep. Don Beyer emphasized that pay is outpacing inflation, while the House Judiciary Committee highlighted that Americans are receiving a pay raise after accounting for inflation.
NEWS: Americans are getting a pay raise, even after accounting for inflation. https://t.co/47n6TRX3O0
“Americans are now getting an actual pay raise, even after accounting for inflation.” https://t.co/GTGeoJqllT
Pay is beating inflation https://t.co/6aoEG4bNQt
For most Americans, wages are rising faster than inflation: 57% of workers are making more money now — after adjusting for inflation — than they were a year ago, while 41% have seen a real wage increase of more than 5%. @felixsalmon https://t.co/2LhB7Vfxtc
🔴 US TREASURY SECRETARY YELLEN: REAL WAGE INCREASES MEAN AMERICANS ARE GETTING AHEAD.