Political News & Social Views

Tag: Wages

Wage increases are not keeping up with inflation

U.S. wages are increasing, but not nearly enough to keep up with the soaring cost of gasoline and rent, according to a new analysis by the Urban Institute.

Why it matters: Low-income households — disproportionately people of color — are likely to feel the squeeze the most, writes senior research associate Yonah Freemark in the organization’s Urban Wire blog post.