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ACTV - Are Real Wages Catching Up?

TWO RDS SHARED TR

2024-07-05 03:45:00 ET

Summary

  • The speed and magnitude of the surge in consumer prices resulted in a sizeable decline in real (inflation-adjusted) wage growth.
  • Inflation cooled quickly following the initial surge and by June 2023 was trending a bit above 3 percent.
  • While real wage growth has turned slightly positive in recent months, the level of real wages is still below where they were at the onset of the inflation surge that we began to see in the first quarter of 2021.

Originally published on June 27, 2024

By Jose Maria Barrero | Nick Bloom | Steven J. Davis | Kevin Foster | Brent Meyer | Emil Mihaylov ...

For further details see:

Are Real Wages Catching Up?
Stock Information
Company Name: TWO RDS SHARED TR
Stock Symbol: ACTV
Market: NYSE
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