Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.

But pay increases really spiked for low-wage employees − such as those in restaurants, hotels and barber shops – allowing that group to modestly narrow a massive pay gap with higher-income ...

The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing ... and keep pushing prices higher. Beyond that, wage growth could also play a role in offering ...

But pay increases really spiked for low-wage employees − such as those in restaurants, hotels and barber shops – allowing that group to modestly narrow a massive pay gap with higher-income ...