Heather Long(@byHeatherLong):Here's the key problem...inflation has wiped out wage gains for 6 months now. It's a financial squeeze. Americans are trying to work more hours to make up for it, but many are still falling behind. Many people are worse off. As BLS wrote, In the past year, "real average hourly earnings decreased 0.7%. The change in real average hourly earnings combined with a 0.6% increase in the average workweek resulted in a 0.1% decrease in real average weekly earnings."

Heather Long

@byHeatherLong

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

Joined February 2011

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Heather Long@byHeatherLong

2026.10.14 13:05

Here's the key problem...inflation has wiped out wage gains for 6 months now. It's a financial squeeze. Americans are trying to work more hours to make up for it, but many are still falling behind. Many people are worse off. As BLS wrote, In the past year, "real average hourly earnings decreased 0.7%. The change in real average hourly earnings combined with a 0.6% increase in the average workweek resulted in a 0.1% decrease in real average weekly earnings."