Paychecks Increase <br />for Americans, , but It's Still No Match for Inflation.<br />Paychecks Increase <br />for Americans, , but It's Still No Match for Inflation.<br />CNN reports paychecks for the citizens <br />of the United States rose last year, <br />but so did the average price of goods.<br />CNN reports paychecks for the citizens <br />of the United States rose last year, <br />but so did the average price of goods.<br />Between December 2020 and <br />December 2021, compensation for <br />America's labor force rose 4%. .<br />Per the Bureau of Labor Statistics, <br />this pay increase is the largest <br />since the fourth quarter of 2001.<br />Workers in the private sector fared slightly better, as their paychecks increased by 4.4%.<br />Workers in the private sector fared slightly better, as their paychecks increased by 4.4%.<br />According to CNN, when adjusting current pay rates for continued pandemic-era inflation, salaries fell by 1.9% year-over-year.<br />Despite the labor market recovery <br />and the strong stock market, <br />average Americans aren't optimistic <br />about the current state of the U.S. economy.<br />Three-quarters of the country say <br />they are concerned with the state <br />of the economy in their communities.<br />According to a recent poll conducted by CNN, 63% of Americans believe the state of the economy is a cause for concern.<br />Eight out of 10 Americans say the inflated <br />cost of groceries indicates a problem <br />for the nation's economy.<br />Seven out of 10 believe the nation's surging gas <br />prices also point to an economy in peril.<br />Merely 30% of Americans believe <br />the policies of the Biden Administration <br />have had a positive impact on the <br />economy of the United States
