Tag: raise wages

Companies are Raising Wages for Employees

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.

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