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62% of Workers Struggle as Pay Lags Inflation

10/24/2025

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Summary

Story summary

A Bankrate survey shows that 62% of American workers say their income hasn't kept pace with inflation.
The report calls this a worst-of-both-worlds economy, with rising costs and a slower job market, especially for Gen Z workers.
While 57% received pay increases in the past year, the raises were smaller than in prior years.
Bankrate analyst Sarah Foster recommends upskilling to stay competitive in the evolving labor market.

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Story summary

A Bankrate survey shows that 62% of American workers say their income hasn't kept pace with inflation.
The report calls this a worst-of-both-worlds economy, with rising costs and a slower job market, especially for Gen Z workers.
While 57% received pay increases in the past year, the raises were smaller than in prior years.
Bankrate analyst Sarah Foster recommends upskilling to stay competitive in the evolving labor market.