America’s wages are going up—but so is inflation

Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. compensation /kom-puhn-SEY-shuhn/ [noun] – money that is paid to someone in exchange for something that has been lost or damaged or for some problem He received one year’s salary as compensation for layoff. sector /SEK-ter/ [noun] – one of the areas into which the economic activity of a country is divided The export sector is doing its best to recover from economic loss. raise /reys/ [noun] – an increase in the amount money you earn Several employees were disappointed because of the new company policy in salary raise. skyrocket /SKAHY-rok-it/ [verb] – (esp. of amounts) to…
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