Rising inflation in the United States continues to erode consumers' real income.

New York consumer finance company Bankrate's senior economic analyst Mark Hamrick predicts that due to interruptions in the Middle East supply chain, inflation will remain high in the short term, which means the trend of inflation outpacing wage growth may continue. Zip Recruiter's economist Nicole Bauschardt says that wage growth below the inflation level is putting economic pressure on middle-income families.