Lower-Income Workers See Big Pay Gains | Annapolis News

Annapolis News Today | 2 Min News | The Daily News Now! · Jul 9, 2026 · 1m

Lower-income workers are finally catching up — wage growth for them surged to its biggest jump in nearly three years, fueled by a hotter job market and more job switches, with pay bumps averaging 12%. While high earners aren’t slowing down, it’s the lower earners accelerating, thanks in part to tax adjustments and a tightening labor market. Bank of America’s customer data paints a stronger picture than official reports, showing solid job growth and falling unemployment claims — a hopeful sign for working families and the economy. Listen in comfort:Get a discount on a Soli Pillow…