> people are getting nervous about inflation when lower wages are rising Our current wage growth of ~3% combined with inflation of ~5% means that real wages ha

> people are getting nervous about inflation when lower wages are rising Our current wage growth of ~3% combined with inflation of ~5% means that real wages have been falling at about 2%. https://www.cnbc.com/2021/07/27/wages-are-rising-but-has-inflation-given-workers-a-2percent-pay-cut.html https://www.cnbc.com/2021/07/27/wages-are-rising-but-has-inf... The WSJ added: > Average weekly earnings since January are up $15.59, but with inflation surging to levels not seen since the early 1980s, real weekly wages are down $8.99, the largest real-dollar drop in wages since Bureau of Labor Statistics data were first collected in 2006. By comparison, real wages have fallen more in the past seven months than they rose in the final 27 months of the Obama presidency. https://www.wsj.com/articles/inflation-government-spending-workers-prices-wage-growth-stagnation-monetary-policy-biden-11628710715 https://www.wsj.com/articles/inflation-government-spending-w... Check out the BLS (bls.gov) for the latest data and hope it doesn't get worse.