👉 The term "wage-infection" refers to the phenomenon where high wages can inadvertently spread economic hardship and inequality within a workforce or broader society. When wages rise significantly, not all workers benefit equally; those at lower skill levels or with fewer resources may struggle to keep up, leading to increased financial stress and reduced spending power. This can create a cycle where higher-income individuals and companies benefit disproportionately from wage growth, while lower-income workers face stagnant or declining real wages. Additionally, wage inflation can drive up costs for goods and services, further exacerbating economic disparities. The concept highlights the importance of equitable wage policies to ensure that economic gains are more evenly distributed, preventing the spread of economic distress from one segment of society to another.
