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The American dream has long been tied to the promise of rising wages and financial security. However, recent data shows that US wage growth is slowing, raising concerns for workers and policymakers alike. According to a March 2024 report, the pace of salary increases has decelerated, leaving many employees with lower-than-expected paychecks. This shift has far-reaching implications for the US economy, individual livelihoods, and the broader labor market. So, what’s driving this trend, and what does it mean for the average wor
k
er? The Slowdown in Wage Grow
th US wage growth, which saw a surge during the post-pandemic recovery, has begun