2023 Federal Pay Raise, Inflation...
Snippet of Article: "...In 2022, the federal pay raise averaged 2.7%. The latest annual inflation figure showed a yearly inflation amount of 8.6% and a 9.6% inflation rate as measured by the CPI-W index. In effect, the purchasing power of that 2022 raise has been decimated by inflation. ..."
Source: www.fedsmith.com
