America’s paycheck illusion: Why bigger salaries are leaving workers poorer

Despite an 18% rise in US wages since 2020, most workers are financially worse off once inflation and living costs are considered. A MyPerfectResume analysis shows real purchasing power has fallen 2.6% nationwide, with only a handful of states seeing gains. As essentials grow costlier, Americans are rethinking careers, flexibility, and financial security.

America’s paycheck illusion: Why bigger salaries are leaving workers poorer
Despite an 18% rise in US wages since 2020, most workers are financially worse off once inflation and living costs are considered. A MyPerfectResume analysis shows real purchasing power has fallen 2.6% nationwide, with only a handful of states seeing gains. As essentials grow costlier, Americans are rethinking careers, flexibility, and financial security.