Rapid wage growth keeps pressure on US inflation

Some airlines have negotiated double-digit wage increases for pilots as carriers struggled to meet fast-rising demand for flights. (Photo: AFP) — Some airlines have negotiated double-digit wage increases for pilots as carriers struggled to meet fast-rising demand for flights. (Photo: AFP)

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4 min read . Updated: 09 Aug 2022, 05:32 PM IST Sarah Chaney Cambon, The Wall Street Journal

Pay increases have exceeded an annual 5% every month this year as companies vie for workers in tight job market

Workers’ wages are rising briskly, a factor contributing to four-decade high US. inflation.

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