Wages have been outpacing inflation — but there’s a catch
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 12 March 2024
⏱️ 8 minutes
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Summary
While the purchasing power of earnings started to catch up to inflation last year, lower- and middle-income workers have been playing catch-up and are trying to dig out of debt. Meanwhile, Americans are working fewer hours on average, and fewer hours can cause total earnings to trail price gains. Also: a closer look at New York Community Bank’s lifeline and an examination of those earmarks in the $460 billion spending package.
Transcript
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| 0:00.0 | We've got a deal for you on this first day of our March fundraising campaign |
| 0:05.0 | to celebrate the 35th anniversary of Marketplace. The Marketplace Investors |
| 0:09.8 | Challenge Fund will match all gifts today up to $35,000. |
| 0:14.7 | Don't wait, give right now |
| 0:16.2 | and double your impact thanks to this incredible match. |
| 0:19.6 | Go to Marketplace.org |
| 0:22.0 | and your gift will go twice as far. |
| 0:24.0 | That's Marketplace.org. |
| 0:25.0 | slash donate. |
| 0:29.0 | We've got a deal for you on this first day of our March fundraising campaign to celebrate the |
| 0:34.4 | 35th anniversary of Marketplace, the Marketplace Investors Challenge Fund will match all |
| 0:39.6 | gifts today up to $35,000. |
| 0:43.0 | Don't wait, give right now and double your impact |
| 0:45.7 | thanks to this incredible match. |
| 0:47.9 | Go to marketplace.org, slash donate, |
| 0:50.2 | and your gift will go twice as far. |
| 0:52.2 | That's Marketplace.org |
| 0:54.0 | slash donate. |
| 0:55.0 | The Fed says the road to controlling inflation is bumpy. |
| 1:01.0 | Are we about to hit a pothole? |
| 1:05.0 | From Marketplace, I'm Sabrie Benashore in for David Brancaccio. |
| 1:08.0 | In a mere couple of hours we will find out how good or how bad inflation was trending last month. |
... |
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