Poor Filthy Frank......... His talking point of higher wages just got shit on..........
https://www.cnbc.com/2022/01/12/higher-pay-eclipses-inflation-bite-for-some-.html
https://www.cnbc.com/2022/01/12/higher-pay-eclipses-inflation-bite-for-some-.html
- Inflation grew 7% in December from a year earlier, the U.S. Department of Labor said Wednesday. Average hourly wages also increased by 4.7%.
- That amounts to a pay cut of more than 2%, on average.
- However, the experience for workers will differ widely based on their job and what they buy.