Economic forecast: Inflation putting squeeze on companies, workers

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UNEASY FEELING: While Therese Sloane, a store leader for Ocean State Job Lot in North Kingstown, has gotten several raises during her time there, she is seeing expenses such as gas and utilities increase. / PBN PHOTO/MICHAEL SALERNO
UNEASY FEELING: While Therese Sloane, a store leader for Ocean State Job Lot in North Kingstown, has gotten several raises during her time there, she is seeing expenses such as gas and utilities increase. / PBN PHOTO/MICHAEL SALERNO

Daniel Shedd has always made it a point to offer competitive wages to the workers of his Warren manufacturing company, but what he used to think of as competitive is no longer enough. Prior to the pandemic, Shedd offered a starting pay that was $1.50 above the state’s minimum wage – a reflection of the

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