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In this video, I discuss the 2023 federal pay raise for employees on the GS pay scale. The White House recommended a 4.1% base pay increase and a 0.5% locality pay raise for certain areas. The overall average pay raise will be around 4.6%, but it will vary across the 47 areas covered. The updated 2023 GS pay scale includes the base pay and locality pay adjustments. Subscribe for future videos on taxes, money, and the economy.