Workers Keep Getting Big Raises, Just Not as Much as Last Year

Wage and benefits gains have eased but remain elevated as the Fed tackles high inflation By Gwynn Guilford and Nick Timiraos Oct. 31, 2023 12:03 pm ET Gift unlocked article Employers spent 1.1% more on wages and benefits in July through September than in the prior three months. American workers are still commanding big payRead More

Rising US Wages Support Spending in April as Inflation Slows: Govt

May 27, 2022 According to the Commerce Department report, U.S. personal income rose 0.4% compared to March. Agence France-Presse American wages continued to rise in April, supporting an ongoing increase in consumption in the face of an inflation wave that nonetheless shows signs of waning, according to government data released Friday. U.S. personal income roseRead More

Wages rise 6% in Q2 as pandemic hits less-tenured and lower-paid workers

Released on July 22, 2020 US workers’ wages rose to 6.0% to $30.25 per hour in the second quarter, according to the ADP Research Institute’s Workforce Vitality Report released today. On the other hand, job growth decelerated 10.2% from the first quarter. Year-over-year wage growth across all workers spiked in the second quarter as a result ofRead More