Yes, wages are rising faster than in several years. No, that isn’t great.

Scott Tong Nov 4, 2016
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A woman waits for a job at the Command Center temporary employment agency in Williston, North Dakota. ROBYN BECK/AFP/Getty Images

Yes, wages are rising faster than in several years. No, that isn’t great.

Scott Tong Nov 4, 2016
A woman waits for a job at the Command Center temporary employment agency in Williston, North Dakota. ROBYN BECK/AFP/Getty Images
HTML EMBED:
COPY

The monthly jobs report from the Labor Department said wages are growing at the fastest rate since the economic recovery started seven years. That’s good, certainly. But labor market experts looking at the bigger picture might revise that assessment downward for working Americans to kind of OK.

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