Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Cost of Summer Camp
On this episode of Wages and Prices with Fexingo, Lucas and Luna take a close look at summer camp costs — a major line item for working families every June through August. With the Consumer Price Index for camp and nursery school up just 2.1 percent over the year, compared with average hourly earnings up 3.1 percent, they explain why camp inflation has cooled so dramatically. They dig into the pandemic-era rise in camp prices, the shift from day camps to specialty and overnight programs, and how labor supply and insurance costs are keeping fees in check. They also touch on the latest jobs…
The skinny
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