Do Rising Wages Lead to Even More Inflation?

Don Ma
By Don Ma
October 29, 2022NTD Businessshare

Americanswages rose by a lot in the most recent quarter. Some find this concerning because this is a time of high inflation. The employment cost index, which is a quarterly measure of wages and benefits, was 5 percent higher than it was last year.

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments