{"id":653871,"date":"2024-10-23T00:00:00","date_gmt":"2024-10-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/23\/inflation-is-harming-more-than-your-bank-account\/"},"modified":"2024-10-23T00:00:00","modified_gmt":"2024-10-23T00:00:00","slug":"inflation-is-harming-more-than-your-bank-account","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/23\/inflation-is-harming-more-than-your-bank-account\/","title":{"rendered":"Inflation is harming more than your bank account"},"content":{"rendered":"

Americans are still frustrated with inflation, even though wages have caught up <\/strong>and <\/strong>prices are stabilizing in the states<\/strong>, Business Insider<\/a> reports. Despite economic improvements like low unemployment and rising salaries, many continue to feel the pinch of high prices. In fact, inflation remains Americans\u2019 top concern, ranking above crime, immigration, gun violence, and more, as revealed in a survey<\/a> by Pew Research Centre.<\/p>\n

But the frustration isn\u2019t just about the financial impact \u2014 it\u2019s about the emotional cost.<\/strong> The real issue lies in how inflation forces employees to navigate uncomfortable negotiations for better pay. A new National Bureau of Economic Research study<\/a> shows that inflation has forced American workers to confront difficult conversations with their employers about raises, leading to a sense of anxiety and conflict. Most prefer to avoid conflict, leaving them with smaller pay increases that don't fully keep up with rising costs. In a survey of 3k workers, only 21% sought a bigger raise to match inflation, while the majority preferred to avoid the stress of conflict with their employers. <\/p>\n

This strain is a big reason why, even as the US economy recovers, people still feel worse off. <\/strong>Even as the economy improves, the conflict of negotiating for better pay could keep weighing on people\u2019s well-being \u2014 even their performance at work, which could possibly instigate frustration and conflict in the workplace. If not, it may result in many to hop between jobs in search for more competitive salaries.<\/p>\n","protected":false},"excerpt":{"rendered":"

The frustration isn\u2019t just about the financial impact \u2014 it\u2019s about the emotional cost<\/p>\n","protected":false},"author":1,"featured_media":653872,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[633,638,182,5368],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-653871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-enterprisepm","tag-for-your-commute","tag-inflation","tag-salary","wpautop","entry"],"acf":{"mongo_id":"aeb2c1aa-92c4-4166-9c13-fe2267c35e61","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/2040.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[653866],"teaser":"The frustration isn\u2019t just about the financial impact \u2014 it\u2019s about the emotional cost","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.1b586a77-91fe-481f-8aeb-8cb43f39925c.mp3"},"yoast_head":"\nInflation is harming more than your bank account - 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Headline urban inflation jumped to 6.6% last month, up from 5.7% in August. This is the highest annual inflation rate since\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/113.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":583262,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/cant-feel-the-cost-of-inflation-if-youre-on-the-beach-tottenham-takeover-bid-columbia-business-school-tops-mba-ranking\/","url_meta":{"origin":653871,"position":2},"title":"Can\u2019t feel the cost of inflation if you\u2019re on the beach + Tottenham takeover bid + Columbia Business School tops MBA ranking","author":"enterpriseam admin","date":"15 February 2023","format":false,"excerpt":"The cost of travel is rising, but travelers are unbothered. Although countries across the world are facing a cost-of-living crisis amid rampant inflation, people are still prioritizing going on vacation, Bloomberg reports. 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Plus: PSG could skew the valuation field for major football teams","author":"enterpriseam admin","date":"28 November 2022","format":false,"excerpt":"The wave of global inflation that has battered economies over the past several months appears to have peaked and could begin to decelerate over the coming months, the Financial Times reports, citing key indicators and economists. Several indicators \u2014 including the prices at which manufacturers are selling their goods to\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/737.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598908,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/what-were-tracking-on-12-june-2019\/","url_meta":{"origin":653871,"position":5},"title":"What we\u2019re tracking on 12 June 2019","author":"enterpriseam admin","date":"12 June 2019","format":false,"excerpt":"Inflation is driving the conversation on the economy today after news that annual headline inflation rose to 14.1% in Mayfrom 13% in April, dampening hopes for an interest rate cut. With fuel and electricity subsidy cuts expected by the end of the month, most research houses are calling an inflationary\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/653871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=653871"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/653871\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/653866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/653872"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=653871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=653871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=653871"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=653871"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=653871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}