Companies are Raising Wages for Employees
If you’ve gone to the store or filled up your gas tank recently, you’ve seen the daily impact of inflation. In a recent study, the U.S. Bureau of Labor Statistics shows consumer prices jumping up 7% in December. This is a 40-year high. With living costs rising, employees argue that companies should be raising wages as well. While most Americans saw a pay increase last year because of the pandemic, especially those front-line workers in retail, grocery and fast food seeing large pay increases, inflation is re-adjusting many people’s way of life.
