Why Salaries In The U.S. Don’t Keep Up With Inflation
December 13, 2022
217,706
3,916
795
2.16%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
CNBC Television Episodes Around December 13, 2022
See what was published immediately before and after this episode.
12:23Now PlayingWhy Salaries In The U.S. Don’t Keep Up With Inflation
Chapters
YouTube Description
as posted by the channelInflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared to a year prior - the largest annual increase since 1981. While wages are rising, they’re not keeping up with inflation. Corporations are raising salaries and offering other perks to retain employees, but they’re not necessarily factoring in cost of living, as that’s not typically how compensation determination works. Instead, organizations focus on the cost of labor and the competitive landscape in making these decisions.
Chapters:
Produced by: Emily Lorsch
Edited by: Nic Golden Henry
Senior Managing Producer: Tala Hadavi
Graphics by: Jason Reginato, Christina Locopo, Alex Wood
Additional Camera: Jordan Smith
» Subscribe to CNBC
» Subscribe to CNBC TV
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news
Follow CNBC on LinkedIn
Follow CNBC News on Facebook
Follow CNBC News on Twitter
Follow CNBC News on Instagram
#CNBC
Why Salaries In The U.S. Don’t Keep Up With Inflation
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.