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New Joint Economic Committee Report Shows Strong Wage Growth in 2021, Federal Policy Key to Supporting Further Gains
April 27, 2022
WASHINGTON, April 27 -- Rep. Don Beyer, D-Virginia, chairman of the Joint Economic Committee, issued the following news on April 26, 2022:

The Joint Economic Committee (JEC) released a new analysis of wage data that shows workers saw their earnings rise 4.5% in 2021, the fastest pace of growth in almost four decades.

According to recent data, gains were particularly strong for job switchers and low-income workers. Despite inflation, many workers are seeing real wage gai . . .

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