What is the Consumer Price Index, and what does it have to do with payroll?
ThomsonReuters
FEBRUARY 15, 2022
Inflation has risen 7% over the past year. Inflation has risen 7% over the past year. The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods. Alaska’s minimum wage rate did not change from $10.34 Hey, it was the 80s.
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