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Disproportionate gains for lower-income workers continued throughout 2022. And at the end of the year, the Wall Street Journal reported, the median weekly earnings for all workers were 7.4 percent higher than they were compared to a year before. Wage growth outpaced the year-to-year inflation rate by the end of 2022.
Moreover, the Journal reports, “For some workers, the gains were even larger. The median raise for Black Americans employed full time was 11.3%, compared with the prior year. … The bottom 10th of wage earners — those that make about $570 a week — saw their pay increase by nearly 10%.”
https://www.washingtonpost.com/opinions/2023/02/13/biden-economy-wages-increasing-inflation/
Moreover, the Journal reports, “For some workers, the gains were even larger. The median raise for Black Americans employed full time was 11.3%, compared with the prior year. … The bottom 10th of wage earners — those that make about $570 a week — saw their pay increase by nearly 10%.”
https://www.washingtonpost.com/opinions/2023/02/13/biden-economy-wages-increasing-inflation/