Tightest labor market in decades forcing companies to pay up
It’s been a long time coming, but American workers are finally reaping the rewards of one the longest economic expansions ever. And they may get rewarded still.
Hourly pay earned by the typical employee rose sharply in February, pushing the increase in wages over the past year to a 10-year high of 3.4%.
The last time wages grew that fast was in early 2009.
Submitted March 09, 2019 at 08:55AM by coolcomfort123 https://ift.tt/2TDRhaE