Home Tags Wage Growth

Tag: Wage Growth

Jobs report misses estimates as unemployment holds at 49-year low

The jobs report was expected to show that the unemployment rate held at a 49-year low for a third straight month.
The October jobs report was expected to show the fastest wage growth since the recession.

Jobs report beats big as wages grow at their fastest pace since 2009

Wage growth is picking up, and the jobs report showed a new postrecession milestone for Americans' paychecks.

Trump’s top economic adviser Larry Kudlow says the federal minimum wage is a ‘terrible idea’

Larry Kudlow, Trump's economic adviser, said the federal minimum wage doesn't make sense and corporate tax cuts are the best way to boost pay.

US unemployment rate falls to its lowest level since 1969

The low unemployment rate shown in Friday's jobs report added to evidence of a booming economy, now in a record eighth straight year of monthly job gains. It also showed the labor market continuing to tighten, perhaps eventually pressuring companies to pay workers more.
Workers are right to fear some technology, according to Kai-Fu Lee. He says AI threatens their jobs.

7 reasons why your salary might not be going up, even though the economy is doing great

Low unemployment should mean fast wage growth, but we haven't seen that in recent years. Three economists shared their insights with Business Insider as to why pay hasn't gone up much. The leading reason: Companies are prioritizing shareholder interest over their employees.

UK workers are finally getting a pay rise

The Office for National Statistics released its monthly snapshot of the state of the UK's jobs market and unemployment rate on Tuesday. Here's how things looked.
Compensation for the average US worker grew 0.3% in 2017.

A new study found CEOs at America’s biggest companies raked in $19 million on average last year, while workers’ pay barely budged

A new study by the Economic Policy Institute found that CEO compensation jumped 17.6% in 2017, while compensation for the average worker increased just 0.3% from the year before. CEO compensation has outpaced the stock market, worker pay, and even incomes for the top 0.1% over the past 30 years.

Bernie Sanders has a new plan to raise wages, and it’s a major signal on where the Democratic Party is headed

Sen. Bernie Sanders and other Democratic senator introduced a plan to strengthen labor unions on Wednesday. Sanders said the plan, named The Workplace Democracy Act, would help boost worker wages and combat income inequality.
Donald Trump and Paul Ryan

The pay increases that were supposed to come from the Trump tax law haven’t shown up yet

The April jobs report showed lower than expected wage growth, meaning that the GOP tax law has not helped boost American worker's pay. The slow wage increase is worrisome for the Republican party's 2018 midterm prospects.