America’s paycheck illusion: Why bigger salaries are leaving workers poorer
America’s Paycheck Illusion: Why Bigger Salaries Are Leaving Workers Poorer The data shows that there is progress in America. During the period from 2020 to 2024, the average annual salary in the US rose from approximately $64,000 to $75,600, an increase of 18%, according to the US Bureau of Labor Statistics (BLS). This is one…