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Many states and cities to raise minimum wage in the New Year

Dec 24, 2021
Will employers notice? Many are already raising wages for their workers because of the labor crunch.
Even without jurisdictions raising the minimum wage, some employers are upping pay anyway to remain competitive in a tight labor market. Above, activists rally for a $15 an hour minimum wage.
Kevin Dietsch via Getty Images

Will wages continue to keep up with inflation?

Dec 15, 2021
Workers' incomes may see further gains as the ongoing labor shortage pushes employers to offer higher pay.
Experts don't expect wage growth to stall given how many workers remain on the sidelines while companies have jobs to fill.
Robyn Beck/AFP via Getty Images

4.2 million people quit their jobs in October

Dec 8, 2021
That was down slightly from September, but still high. Some say watch that figure to know what will happen to the economy in 2022.
According to the latest JOLTS report, the accommodation and food services sector had the largest increase in job openings.
Joe Raedle via Getty Images

Good news in the latest jobs report: Wages are up, especially in low-paying sectors

Nov 5, 2021
The not-so-good news? Inflation has eaten up most of the gains.
While lower-wage service workers, like bar and restaurant employees, are seeing some of the highest wage growth, they're also the most vulnerable to cost-of-living increases.
Joe Raedle via Getty Images

Wages keep going up. Will prices do the same?

Jun 18, 2021
It seems both are rising at a rate that will keep inflation in check ... for now.
Jekesai Njikizana/AFP via Getty Images

Consumer forecasts of inflation could be a self-fulfilling prophecy

Jun 14, 2021
A Federal Reserve survey found consumers are expecting inflation to hit 4% next year.
Consumers told the New York Fed they expect a 4% inflation rate next year. Officials with the central bank will meet this week to consider adjustments to their interest rate policy.
Scott Olson via Getty Images

U.S. productivity plummeted in Q4, and reopening the economy might be why

Mar 4, 2021
The measure fell at the steepest rate in 40 years, but that might not be as ominous as it sounds — if the trend is short term.
Less productive businesses like restaurants have started to reopen, which may be causing national productivity data to decline.
Scott Heins/Getty Images

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From financial advisers to restaurant workers — where wage gains are above average

Mar 5, 2020
Average hourly earnings are rising about 3% per year. In some occupations, gains are much stronger.
Andrew Burton/Getty Images

A new report says wages are growing, but unequally

Feb 20, 2020
The Economic Policy Institute says the highest earners are getting the biggest raises.
STR/AFP/Getty Images

Is there really a "blue-collar boom"?

Jan 21, 2020
President Trump in Davos celebrated low- and middle-class gains. But staples of the blue-collar workforce, like manufacturing, are not faring well.
President Trump in Davos on January 21, 2020.
Fabrice Coffrini/AFP via Getty Images