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Price increases from inflation have created the largest gap since President Joe Biden took office for the amount Americans’ wages have increased compared to how much inflation has cost, according to data from the Bureau of Labor Statistics (BLS) analyzed by the Daily Caller News Foundation. Average hourly earnings have increased moderately from $29.93 per hour in January 2021 to $34.55 per hour in January 2024, but when adjusted for inflation since the beginning of Biden’s term, average wages are comparatively only $29.29 per hour, equating to a difference of $5.26 per hour, according to data …

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