Quote:
Originally Posted by The Dad Fisherman
Sure it has, you just weren't paying attention.
Posted from my iPhone/Mobile device
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Who wasn't paying attention? Real data contradicts your statement. Wage growth has been and continues to be low.
"The modest increase in annual raises would seem to defy Economics 101. The unemployment rate has been below 5% since May 2016. Many companies are having a hard time filling positions, particularly for skilled workers. Typically, when the demand for workers grows, wages go up.
One possible explanation: Older workers are retiring and being replaced by younger workers who earn less, which drags down the aggregate increase. Another factor: Many employers are no longer offering equal raises. "
https://www.kiplinger.com/article/bu...s-in-2018.html
also
https://www.bloomberg.com/view/artic...-bigger-raises