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Mike Konczal: 10th percentile real wage growth worse than during peak 2022 inflation

Mike Konczal: 10th percentile real wage growth worse than during peak 2022 inflation
10th percentile wage growth below 2022

Mike Konczal draws attention to the current state of 10th percentile real wage growth. He observes that those at the lower end of the wage distribution are experiencing slower real wage increases now than they did during the period of peak 2022 inflation.

This comparison highlights heightened challenges for lower-wage earners despite easing inflationary pressures compared to 2022.

Earlier, Konczal highlighted that Consumer Price Index figures have understated U.S. inflation, noting a persistent gap with core PCE this month. He also observed that job openings outnumber unemployed workers when compared to the labor market in 2025. These observations frame his latest comments on wage growth at the lower end of the income scale.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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