NJ Spotlight News
Inflation in US reaches 30-year high
Clip: 11/10/2021 | 2m 39sVideo has Closed Captions
Costs are rising across the board, including for food, gas, clothing, shelter and cars
When it comes to making ends meet, more of us are falling behind as the rate of inflation is surpassing growth in worker wages. The federal government says that over the past 12 months, inflation rose 6.2%, the highest level in 30 years. Wages, as measured by the Employment Cost Index, are growing just slightly above 4%.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Inflation in US reaches 30-year high
Clip: 11/10/2021 | 2m 39sVideo has Closed Captions
When it comes to making ends meet, more of us are falling behind as the rate of inflation is surpassing growth in worker wages. The federal government says that over the past 12 months, inflation rose 6.2%, the highest level in 30 years. Wages, as measured by the Employment Cost Index, are growing just slightly above 4%.
Problems playing video? | Closed Captioning Feedback
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