Recent data from job site Indeed shows that wage gains are slowing. What’s that mean for the Federal Reserve’s next move? Plus, the challenges of dupe hunting.
The unemployment rate is at a half-century low, yet many workers are unable to escape poorly paid, precarious jobs. One reason could be that the U.S. job market has evolved into two distinct labor markets—a dual labor market--and workers in each section experience very different economies.
“It’s gotten to the point where the logic of dupes has been sort of flipped on its head,” said Sangeeta Singh-Kurtz. “And people are spending more time and in some cases, more money dupe-hunting than they would if they just bought the original.”