Heather Long(@byHeatherLong):Inflation is totally wiping out wage gains. The financial squeeze is real for many Americans right now. Wage growth in the past year: 3.2% -->Lowest in 5 years Inflation: 3.5%+ Wage growth is *not* contributing to inflation right now. That means many workers will struggle in the months ahead.

Heather Long

@byHeatherLong

Chief economist @NavyFederal | Marketplace contributor | Data aficionado | Views my own | Email: heather_long@navyfederal.org

Joined February 2011

2.6K Following 87.9K Followers

Heather Long@byHeatherLong

2026.08.07 13:05

Inflation is totally wiping out wage gains. The financial squeeze is real for many Americans right now. Wage growth in the past year: 3.2% -->Lowest in 5 years Inflation: 3.5%+ Wage growth is *not* contributing to inflation right now. That means many workers will struggle in the months ahead.