Wage growth has been a significant topic in the US economy, particularly since the COVID-19 pandemic. Recent data from November 2023 shows that 57% of workers' wages grew more quickly than inflation on an annual basis since November 2022. Additionally, wage growth in 2023 was slower than in 2022 but still higher than pre-pandemic levels, with an average annual percent change of 7.0% compared to 8.3% in 2022. Real wages of low-wage workers grew 12.1% between 2019 and 2023, outpacing inflation.