2-Year Anniversary of Declining Real Wages for American Workers

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4/19/2023Updated: 4/19/2023

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Commentary

This week marks the two-year anniversary of declining real wages for ordinary American workers due to ongoing high inflation. The latest Consumer Price Index (CPI), released this week, shows prices grew 20 percent faster than wages over the last 12 months.

Alfredo Ortiz

Author

Alfredo Ortiz is president and CEO of Job Creators Network and author of “America’s Real Race Revolutionaries: How Minority Entrepreneurship Can Overcome America’s Racial and Economic Divides.”