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Wages and Prices Are Up, but It Isn’t a Spiral—Yet
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wsj.comIt’s no longer just prices. Now wages, too, are flashing inflation signals.
Wages in the third quarter were up 4.2% from a year earlier, the fastest increase since 1990 as labor shortages in a widening range of industries prompted employers to raise pay. Meanwhile, inflation has topped 5% for the past four months, the hottest in decades.
Read more on wsj.comAbout this in other media
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