"The wage growth trend means the lowest paid are now more likely to find themselves among the 40 per cent of US workers whose salaries are not keeping pace with inflation…"

They do talk about inflation in the article.

They are not more likely to find themselves among the 40% of workers who's salaries are lagging inflation, they are more likely to be among the 60% who's salaries are outpacing inflation.

The FT is being disingenuous.