Inflation is high but wages cannot keep up
Fewer people are in the workforce and inflation i
s on the rise.
Human Resources expert calls that "the perfect storm coming together to challenge emp
wages are dependent on the labor market and not inflation, so employers aren't abl
e to offer pay increases
The best advice is for employees to steer clear of asking for a big wage hike to
take the bite out of their own personal expenses
instead ask for things that don't cost your employer real dollars, like a more
flexible work schedule
or the opportunity to work from home if your job allows for that.
Floyd says as interest rates rise, and the inflation rate comes down
, more people will likely join the workforce
Solar eruption hurtling towards Earth