Workers are producing more, but they aren’t seeing the benefits. Class resentment has followed. … READ MORE >
U.S. wages
Market Minute: Winter of discontent, real wages and affordability
In this winter of discontent, there is little in the near term that will provide much relief to households and firms that populate the lower spur of the K-shaped economy. … READ MORE >
Morning market minute: Will wage growth moderate?
A look at U.S. wage growth ahead of the November U.S. jobs report to be released today should translate to a gain of 3.9% on a year-ago basis. … READ MORE >