Economics Hofstra College of Liberal Arts and Sciences Hofstra Experts In the News Labor Studies Labor Studies Peter S. Kalikow School of Government, Public Policy and International Affairs

Rising Wages Not Keeping Pace With Inflation


While local wages rose last year, rising inflation “has eaten away most of the purchasing power of the higher pay,” Dr. Gregory DeFreitas, professor of economics, said in a recent Newsday article. Dr. DeFreitas is founding director of the Labor Studies degree program and director the Center for the Study of Labor and Democracy.

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