Labor initiatives are surging throughout the U.S. economy, driven by a higher cost of living that’s proving resistant to interest rate hikes by the Federal Reserve. Inflation numbers for August came in hotter than expected this week despite falling gas prices. Core inflation climbed 0.6 percent on the month, doubling what economists anticipated. Both Republicans and Democrats have bemoaned the fact that persistently high inflation eats into paychecks and effectively decreases wages, which have barely seen an increase in 40 years. From 1979 to just before the pandemic in 2019, inflation-adjusted median hourly wages increased by about 5 percent or 0.2 percent annually, according to
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