Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
How Your Raise Is Finally Beating the Cost of a Plane Ticket
In this episode of Wages and Prices, Lucas and Luna dive into the latest economic data showing that wage growth is outpacing airfare declines. With average hourly earnings hitting $37.60 in June 2026 and airfare prices dropping about 5% year-over-year, American workers can now afford more travel. They discuss the factors behind this trend—moderating fuel costs, increased airline capacity, and resilient wage gains—and whether it can last amid rising oil prices and global tariff tensions. Using fresh CPI, earnings, and inflation breakeven data, they unpack what this means for workers'…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.