MarketWatch (03/22/24)
The Economic Policy Institute’s report reveals that from 2019 to 2023, the real wages of the lowest-paid workers surged by 12.1%, outpacing other earners, due to minimum wage hikes, stimulus payments, and a tight labor market. However, despite these gains, the lowest-earning 10% of workers still earn less than $13.52 per hour. Certain low-wage workers, particularly job-switchers, are better off post-pandemic, narrowing the gap with higher-paid workers.
This article originally appeared on marketwatch.com. Use this link to see the full article: The lowest-paid U.S. workers are seeing their wages surge faster than any other group of earners