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If inflation is 4%, college inflation is 8% — and 8% inflation means that the cost of college doubles every nine years. Today, however, the inflation rate is not 4%.
By most accounts, wages have risen faster than inflation in the 2020s. Yet, for many Americans, it doesn’t feel that way. A closely watched Index of Consumer Sentiment, published by the ...
Higher inflation fears gripped financial markets at the end of last week following the latest read on inflation expectations from the University of Michigan Surveys of Consumers. One-year-ahead ...
The bad news for most of us: fewer employers plan to bump up salaries this year. Payscale this week came out with its highly anticipated 2023 Compensation Best Practices Report, which turns out to ...
Wage growth (or real wage growth) is a rise of wage adjusted for inflations, often expressed in percentage. [1] In macroeconomics, wage growth is one of the main indications to measure economic growth for a long-term since it reflects the consumer's purchasing power in the economy as well as the level of living standards. [2]
Job title inflation is theorized to be detrimental to the performance of an employee. An inflated job title without added responsibility and a pay rise may impact the employee's ability to find employment: similar, uninflated roles at other companies may require qualifications that the employee does not possess. [7]
News about inflation has been everywhere over the past few years. But even if you haven't been watching TV or reading the financial press, you've no doubt felt some pain in your wallet as prices ...
Credential inflation is the increasing overqualification for occupations demanded by employers. [1] [2] A good example of credential inflation is the decline in the value of the US high school diploma since the beginning of the 20th century, when it was held by less than 10 percent of the population. At the time, high school diplomas attested ...