https://www.live-feeds.com/feed/opinion-falling-wages-soaring-energy-prices-and-inflation-it-s-beginning-to-look-a-lot-like-the-1970sContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/opinion-falling-wages-soaring-energy-prices-and-inflation-it-s-beginning-to-look-a-lot-like-the-1970shttps://www.live-feeds.com/feed/opinion-falling-wages-soaring-energy-prices-and-inflation-it-s-beginning-to-look-a-lot-like-the-1970s#u106350Tue, 06 Oct 2026 12:07:04 +0000Inflation continues to erode wage gains, mirroring economic pressures from the 1970s alongside soaring energy prices. Wage growth has cooled significantly, reaching its slowest pace since 2021. This sudden slowdown in wage increases, combined with persistent inflation, poses a direct risk to consumer spending. A stagnant job market characterized by reduced hiring and firing has resulted in fewer raises for workers. September followed prior months in seeing wage gains entirely consumed by inflation, shaking expectations for interest rate hikes.Why it mattersThe combination of cooling wage growt