A University of Michigan survey showed that 1 in 5 Americans expects a raise of at least 10% in the coming year.
Inflation remains largely transitory and linked to supply-chain issues, said Janelle Jones.
The resale economy is upending economic truisms.
Economists were hoping to see more female workers as children started to return to school.
Staffing firms and businesses have yet to see a marked uptick in employees
Overall, household debt levels remain well below the highs posted in the years leading up to the financial crisis.
Economists expect the economy to stay on track despite the spread of the Delta variant.
Inflation is quickly gobbling up attempts to expand the U.S. social safety net.
Despite rising inflation in some parts of the economy, interest payments on the debt remain historically low.
Prices for everything from milk to car rentals and gasoline are rising at a rapid clip.