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Wage growth slows down
For years after the 2008 financial crisis, growth in average hourly earnings stayed low, hovering at around 2% year-over-year.
This was most likely not high enough to support the Fed’s stated inflation target of 2% year-over-year.
However, 2016 saw wages climb at a somewhat faster rate, with average hourly earnings among all private employees growing in a range of 2.2% to 2.6% year-over-year, hitting a post-recession high of 2.9% in December.
According to the April jobs report, wages grew 2.5% from the previous year, falling below economists’ expectations of 2.7% and below the 2.7% rate in March.
NOW WATCH: Why people drink tomato juice on planes
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
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For years after the 2008 financial crisis, growth in average hourly earnings stayed low, hovering at around 2% year-over-year.
This was most likely not high enough to support the Fed’s stated inflation target of 2% year-over-year.
However, 2016 saw wages climb at a somewhat faster rate, with average hourly earnings among all private employees growing in a range of 2.2% to 2.6% year-over-year, hitting a post-recession high of 2.9% in December.
According to the April jobs report, wages grew 2.5% from the previous year, falling below economists’ expectations of 2.7% and below the 2.7% rate in March.
NOW WATCH: Why people drink tomato juice on planes
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2pgVrTe
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
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Kini anda membaca artikel Wage growth slows down dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/05/wage-growth-slows-down.html
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