Inflation Outpaces Wages Again in September — SkimNews
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- Inflation has outpaced wage growth for several months running, with September data showing no break in the trend that has been eating up workers' real pay
- MarketWatch drew a 1970s parallel between falling real wages and soaring energy prices, while Barron's framed the same dynamic as a risk to consumer spending
Why it matters: Workers' purchasing power has been shrinking for months even as nominal wages climb, and Barron's explicitly flags that erosion as a risk to consumer spending — historically the largest engine of U.S. economic growth. MarketWatch's 1970s framing widens the lens from a single weak month to a pattern of falling real wages paired with rising energy costs.
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