Construction workers in Missouri
Jon Rehg / Shutterstock.com

Wage growth is routinely touted as one positive aspect of the pandemic-era economy. However, high levels of inflation beginning in 2021 have, in many cases, more than offset increases in pay. In the construction industry, for example, the average worker has less purchasing power today than in the years leading up to the COVID-19 pandemic. Despite persistent labor shortages and record levels of…



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