Should not come as a shock that wage growth for U.S. workers is in doldrums Beneath ‘all hunky dory’ headlines, there are cracks in labor market In corporate vs. labor today, former price setter, latter taker The five-cent month-over-month drop … Continued
Steep drop in unemployment rate typically would suggest upward wage pressure Shrinkage in labor force takes bargaining power away from employees Corporations taking increasing share of national income vs labor It has been a while National Federation of Independent Business … Continued
One of the ways the current U.S. economic recovery has seriously diverged from past recoveries is the lack of solid progress on the wage front. In May, year-over-year percent change in average hourly earnings of private-sector employees (seasonally adjusted) came … Continued