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Tag: Wage inflation

An image of a clockwork cog representing the National Average Wage Index (NAWI) interconnected with various price tags illustrating wage inflation.

Understanding the National Average Wage Index (NAWI): A Measure of U.S. Wage Trends

March 20, 2025 FinanceFacts101 Economics

Overview of the National Average Wage Index (NAWI) The National Average Wage Index (NAWI) represents an essential component in calculating both Social Security benefits and contributions, serving as a measure of inflation in relation to average wages in the U.S. This index is computed yearly by the Social Security Administration

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