HashBucket
Well-Known Member
Just for your info ... awful news ...
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Wall Street Journal
Rank-and-File Workers Get Bigger Raises
Short supply of labor, minimum-wage rises and increased poaching have helped lift wages for lower-income workers
By Eric Morath and Jeffrey Sparshott
Dec. 27, 2019
Wages for rank-and-file workers are rising at the quickest pace in more than a decade, even faster than for bosses, a sign that the labor market has tightened sufficiently to convey bigger increases to lower-paid employees.
Gains for those workers have accelerated much of this year, a time when the unemployment rate fell to century lows. A short supply of workers, poaching, and minimum wage increases has elevated the middle class faster than at any other time.
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Wall Street Journal
Rank-and-File Workers Get Bigger Raises
Short supply of labor, minimum-wage rises and increased poaching have helped lift wages for lower-income workers
By Eric Morath and Jeffrey Sparshott
Dec. 27, 2019
Wages for rank-and-file workers are rising at the quickest pace in more than a decade, even faster than for bosses, a sign that the labor market has tightened sufficiently to convey bigger increases to lower-paid employees.
Gains for those workers have accelerated much of this year, a time when the unemployment rate fell to century lows. A short supply of workers, poaching, and minimum wage increases has elevated the middle class faster than at any other time.