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In this video, the 2023 federal pay raise for employees on the GS pay scale is discussed. The updated table reflects a base pay increase of 4.1% recommended by the White House to Congress. Locality pay raise specific to certain areas is set to rise by 0.5%, making the overall average GS pay increase around 4.6%. However, pay scales will vary across the 47 covered areas. Subscribe for future videos on taxes, money, and the economy.