Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
The Service Wage Premium Explained
In October 2026, the employment cost index for wages hit 179.0, revealing a structural shift in how labor is priced. Lucas and Luna dissect why service sector jobs are commanding wage premiums that outpace goods production, using the CPI reading of 336.3 as a backdrop. They explore how this divergence impacts your monthly budget, arguing that the real inflation story isn't just about prices rising, but about where money flows in the economy.
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The skinny
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