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Employers kept hiking workers' wages last quarter, but they did not keep up with inflation

Por: CNN Business October 29, 2022

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New York CNN Business  —  Employers continued hiking wages to attract workers and hold on to existing staff during the third quarter. But the raises did not keep up with inflation — and the continued increase is unwelcome news for the Federal Reserve, since higher wages can contribute to overall inflationary pressures, which the central bank is trying to bring down. Wages and salaries for civilian workers increased by 1.3% in the third... + full article



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