The graph above shows the previous six years percentage change in weekly and hourly earnings. Overall we see a stable force taking shape since 2012 but this may be due to change with the coming election and the with a change in the Federal Reserve's coming actions.
The Wall Street Journal highlights some of the truths following January's job report: http://blogs.wsj.com/moneybeat/2016/02/05/january-jobs-report-everything-you-need-to-know-2/
I am seeing a slight upward trend. This is good news! Hopefully with a new president we will start seeing even bigger increases in wage in the US.
ReplyDeleteTrue however, as a moving average, the percentage increase barely rises :(
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