Average US Pay Increase Projected to Hit 4.6% in 2023

Average US Pay Increase Projected to Hit 4.6% in 2023

The average US pay increase is expected to hit 4.6% in 2023, according to a recent survey from the Bureau of Labor Statistics. This increase is slightly higher than the 3.2% that was projected in 2019. It is expected to be a result of the current low inflation rate,...