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News from EPI NewsFlash: Inflation overtaking wages

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NewsFlash: November 28, 2007

Inflation overtaking wages

Like the tortoise and the hare, steady wage growth this year has stayed ahead of inflation, increasing workers buying power. But last month, soaring energy costs boosted price growth, and real wages were flat. Check out this week’s Snapshot  for EPI senior economist Jared Bernstein’s analysis of how the race might play out in future months.

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