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economy'4 min read

If you've gotten a raise in the past two years, it's now been nearly all eaten away by inflation

Inflation-adjusted average hourly earnings have declined to about the level they were at when President Donald Trump took office for his second term.

By Madison HoffBusiness Insider - AI
If you've gotten a raise in the past two years, it's now been nearly all eaten away by inflation

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Originally published by Business Insider - AI on Oct 16, 2026.

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