Two-Thirds of Workers Say Inflation Is Outpacing Wage Gains: Survey

US workers say that inflation is still outpacing salary and wage gains, according to new Bank of America research.

People pass the front of the New York Stock Exchange on March 21, 2023. Peter Morgan/AP Photo

The cost of living is still top of mind for U.S. workers as they say inflation continues to trounce their income gains, according to new research from Bank of America (BOA).

Sixty-seven percent of workers believe inflation is outpacing their salary or wage growth, up from 58 percent in February 2022.