U.S. wage growth slowed in the final quarter of 2022

PEOPLE WORK at a construction site, in Miami. On Tuesday, the Labor Department reports on wages and benefits for U.S. workers during the Oct.-Dec. quarter. Pay and benefits for America's workers grew at a healthy but more gradual pace in the final three months of 2022, a third straight slowdown, which could help reassure the Federal Reserve that wage gains won't fuel higher inflation. / ASSOCIATED PRESS / LYNNE SKADKY
WASHINGTON (AP) – Pay and benefits for America's workers grew at a healthy but more gradual pace in the final three months of 2022, a third straight slowdown, which could help reassure the Federal Reserve that wage gains won't fuel higher inflation. Wages and benefits, such as health insurance, grew 1% in the October-December quarter…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display