Pantheon Macroeconomics - We just can't get away from the deeply vexed question of wages; specifically, why the rate of growth of nominal hourly earnings has risen only to just over 2.5%, even though the historical relationship between wage gains and the tightness of the labor market points to increases of 4%-plus.

U.S. | 9 May 2018 Faster Productivity Growth and Higher Inflation will Lift Wage Gains
We just can't get away from the deeply vexed question of wages; specifically, why the rate of growth of nominal hourly earnings has risen only to just over 2.5%, even though the historical relationship between wage gains and the tightness of the labor market points to increases of 4%-plus.

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9 May 2018 Faster Productivity Growth and Higher Inflation will Lift Wage Gains

By Ian Shepherdson

We just can't get away from the deeply vexed question of wages; specifically, why the rate of growth of nominal hourly earnings has risen only to just over 2.5%, even though the historical relationship between wage gains and the tightness of the labor market points to increases of 4%-plus.

Posted: 8th May 2018 in 'U.S.'

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