Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Cost of Car Insurance
In this episode, Lucas and Luna examine the latest wage data showing average hourly earnings at $37.60, up 2.4% annualized, while headline CPI has fallen. But car insurance premiums remain a pain point. They break down why the gap is narrowing—from 12% to 8% annual increases—and what that means for your wallet. Using June 2026 data, they explore how wage growth is slowly catching up to one of the most stubborn inflation categories, with implications for the broader economy and listeners' purchasing power.
#WagesAndPrices #CarInsurance #Inflation #WageGrowth #CPI #AverageHourlyEarnings…
The skinny
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