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Biggest pay raises went to black workers, young people and low-wage earners

4 min read . Updated: 23 Jan 2023, 07:07 PM IST Gabriel T. Rubin, The Wall Street Journal

Median weekly earnings for all workers were 7.4% higher, year over year, at the end of 2022, according to an analysis of newly released Labor Department data (AP) — Median weekly earnings for all workers were 7.4% higher, year over year, at the end of 2022, according to an analysis of newly released Labor Department data **(AP)**

Median weekly earnings rose 7.4% last year, outpacing inflation; some groups notched double-digit gains

Black workers, young workers and people on the bottom of the income scale were among those who saw the largest pay increases last year, when employers were readily handing out raises in a tight labor market and high inflation environment.

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Biggest pay raises went to black workers, young people and low-wage earners

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