 |
| Register | FAQ | Members List | Calendar | Today's Posts | Search |
|
#11
07-13-2018, 01:50 PM
|
|||
|
|||
|
Quote:
If you expand the data slice just a tiny bit, year over year, it looks a weeeeee bit different. Wages in the United States increased 4.56 percent in April of 2018 over the same month in the previous year. https://tradingeconomics.com/united-states/wage-growth If this keeps up, and it shows no sign of abating since the labor market continues to show strength, year over year wage growth will be quite strong. Inflation is a risk, but the Feds don't seem surprised by anything that's happening and believe that current inflationary trends are on par with expectations established in 2017. Incidentally, we also have competing info from USA Today and Glassdoor that suggested June 2018 was the strongest month for wage growth 2018 YTD. "With unemployment hovering around historic lows, employers' need to fill roles climbs," said Glassdoor Chief Economist Andrew Chamberlain in a press release. "What results is that more workers, especially in high demand industries like healthcare, finance, and e-commerce, are in the driver's seat to negotiate for better pay in order to fill these roles." The Glassdoor data showed that traditional blue-collar jobs -- such as truck driver, warehouse associate, and materials handler -- posted large wage gains. The increases were tied to the increasing demand for manpower in those areas created by growth in e-commerce, and Chamberlain expects that wages for these positions will continue to climb throughout 2018. I'd say things are moving along as pretty well. But hey, if you want to cherry pick the stuff that looks like bad news (which really might just be skewed reported based on a limited data set), and then try to spike the football with it by suggesting that "Whell got this so wrong", well you go right ahead little Chicklet. 
|
«
Previous Thread
|
Next Thread
»
Threaded Mode
|
|
All times are GMT -5. The time now is 03:51 PM.