A 'help wanted' sign is displayed in a Manhattan store on May 06, 2022 in New York City.
Why are experts talking about low unemployment like it's a bad thing?!
03:24 - Source: CNN Business
Minneapolis CNN  — 

US wages have been on the rise, but it sure hasn’t felt like it. For more than two years, persistent and pervasive inflation has taken big bites out of Americans’ paychecks.

That’s finally starting to change now that inflation is waning.

In June, for the first time in 26 months, US workers’ real weekly earnings (a week’s worth of wages adjusted for inflation) grew on an annual basis, according to data released this week from the Bureau of Labor