- FrankBadillo.com - https://www.frankbadillo.com -

Wages finally eclipse prior peak reached in 1972

Wages of U.S. workers—adjusted for inflation—have finally eclipsed the peak reached in 1972.

The 1972 peak was eclipsed in 2020 partly because of the impact of the Covid-19 pandemic. Business boosted wages in the face of higher employee risks, with wages peaking in April 2020 but remaining above the 1972 mark in the months that followed.

Also note that: