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By Craig Bannister, MRCTV, Sept. 13, 2023

Adjusted for inflation, Americans earned less in August – even though they worked more hours – the U.S. Bureau of Labor Statistics (BLS) reported Wednesday.

Due to a seasonally-adjusted 0.6% jump in the Consumer Price Index for All Urban Consumers (CPI-U) compared to July, real average weekly earnings decreased 0.1% over the month, despite a 0.3% increase in the average number of hours worked. …

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