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Economy

Wages, layoffs, prices, and jobs reports, and what they mean for your paycheck.

A long, empty hotel corridor with dark pillars and polished tile floors

Chicago hotel workers enter week two of strike. 7,000 more could walk out.

Strikers at six downtown hotels want raises that keep up with prices. A doorman of 30 years makes $16 an hour before tips.

A Mobil gas pump at a Manhattan gas station, its price display showing regular gas at $5.49 a gallon

Prices Outpace Wage Growth As Inflation Shoots to 3.7%

Gas is up 34% and diesel passed $6 a gallon, so real hourly pay fell 0.7% in a year, according to the Bureau of Labor Statistics.