The pace of pay gains appears to be slowing. That’s a pleasant surprise for inflation hawks, but it means workers are continuing to fall behind. Plus, unpacking the economic week that was.
Kai Ryssdal speaks with Heather Long at The Washington Post and Ana Swanson at the New York Times about global trade and the continuing strength of the labor market.
Wage growth slowed in December, pleasing inflation hawks
by Mitchell Hartman
Scott Olson/Getty Images
Earnings have been rising quickly, but the cooler data may restrain the Federal Reserve’s rate-hike campaign.
Sales of fully electric vehicles nearly doubled in 2022. Which carmakers came out on top?
by Matt Levin
Brandon Bell/Getty Images
EVs account for about 5% of car purchases, according to automotive website Edmunds. Rivals to Tesla are making inroads.
New California law promotes worker-owned businesses
by Meghan McCarty Carino
Courtesy Franzi Charen/Project Equity
The model is attracting interest as a way for workers to share in a company’s success.
How a 24-year-old living with her parents spends her paychecks
by Maria Hollenhorst
Courtesy Gomez
After saving or investing around 40% of her income, Abigail Gomez has money left over for luxuries.
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