Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Cost of a Flight
On Episode 107 of Wages and Prices with Fexingo, Lucas and Luna explore a surprising shift: average hourly earnings have risen to $37.60, while airfare prices have dropped nearly 12% over the past year. They dive into the economics behind cheaper flights—from increased airline capacity and fuel cost pass-through to the rise of ultra-low-cost carriers. With the help of data from the Bureau of Labor Statistics and a look at the latest CPI report (which shows airfares falling even as core inflation remains sticky), the hosts explain why your paycheck now goes further when you book a ticket. They…
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