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Your MoneyWEEKEND REPORT

Wage growth lags inflation as affordability worries grow

Hourly earnings measured by the Bureau of Labor Statistics are trailing inflation, leaving many workers with less buying power as the midterm elections approach; the receipt keeps winning.

Photo: Infrogmation of New Orleans · CC BY-SA 4.0 · Wikimedia Commons
▶ As it aired · Your Money

Watch it as it aired: Hank Ledger, Vera Bullock and Dale Bearman on this story, from Weekend Edition at 7:20 AM ET. Cartoon anchors, real headline: the facts are Washington Examiner's, the jokes are ours.

Photo: A supermarket
Photo: Infrogmation of New Orleans · CC BY-SA 4.0 · Wikimedia Commons

At a glance

The real story

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What BBN said about it

  1. Hank Ledger · Lead AnchorPaychecks are not keeping up with prices. Hourly earnings, as the Bureau of Labor Statistics measures them, have grown slower than inflation.

  2. Vera Bullock · Co-AnchorSo the same paycheck buys less groceries, less gas, less of everything. And with the midterms coming, affordability is the issue everyone is running on.

  3. Dale Bearman · Chief Skeptic & ContributorThe Washington Examiner has the story. Nobody's surprised, Vera. Your raise is being eaten by eggs.

  4. Hank Ledger · Lead AnchorSlowly. Politely. Weekly.

  5. Vera Bullock · Co-AnchorThere's a silver lining. Everyone is finally reading their receipts.

  6. Dale Bearman · Chief Skeptic & ContributorAnd finding out the receipts are longer than the groceries.

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