19.5% nationwide inflation over four years, California's 20.9% wage increase ranks 31st among states, trailing 21.2% national average.
Inflation nationwide rose 19.5% over four years, the worst since 1991, while average California wages increased 20.9%. Despite this, California ranks 31st in the best wage raises among states, and its increases trail the 21.2% national average. The states with the highest raises include Montana (28.3%), New Hampshire (28%), Florida (27.3%), Washington (27.2%), and Maine (26.7%).
June 17, 2024
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