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This R&D covers wage growth in the U.S. economy. Although the U.S. economy is improving, wage growth for Americans has lagged behind, with hourly wages rising 0.5% last month. Economists are optimistic that significant wage growth could take place in 2015, as businesses such as Wal-Mart have recently decided to raise the pay of its workers to $10 an hour. If wage growth takes off, it could compel the Federal Reserve to raise interest rates in order to temper inflation in the economy. Creating better wage growth is also a rallying call for those who seek to reduce income inequality in the United States.
Those who switched jobs in the 4th quarter of last year saw 3x the wage growth of those who stayed put: http://t.co/eLqgEAp3wy
— Forbes (@Forbes) February 23, 2015
500K workers will get a raise. How will this affect US wage growth? Wal-Mart Plans to Lift Pay of US Workers http://t.co/tuR4AAP0jX via @WSJ
— Kathleen Madigan (@MadiganWSJ) February 19, 2015
“The job market is unquestionably improving, and at a nice clip. But wage growth is not heating up:” notes http://t.co/GxljhzN9J9
— CharlotteWorks (@CharlotteWorks) February 16, 2015
Wage growth too slow inflation too low there’s a dark side to the oil and USD moves communication is risky and hard http://t.co/GFzd2Gxu1h
— Bloomberg Fed (@BloombergFed) February 18, 2015
Jobs are more available, but workers are compensated poorly. Millions barely get by as the #FightFor15 continues. http://t.co/n3WQrYaeg3
— Fast Food Forward (@FastFoodForward) February 12, 2015
.@RATECoalition Co-Chairs: #taxreform is essential to spur US economic expansion, encourage wage growth, create jobs http://t.co/WjX8niPbap
— Business Roundtable (@BizRoundtable) February 11, 2015
Next step on job creation story http://t.co/hjYIlQyKv2 is making sure the jobs are good jobs with wage growth & real benefits cc @NYCEDC
— Josh Gold (@JGoldny) February 16, 2015
#goodnews Wage growth over the last 35 years – Business Insider http://t.co/D95slzFvWU #Badnews
— Bob Sanders (@NewBusinessHawk) February 24, 2015
Plosser Says Fed Can’t Wait for Wage Growth – Real Time Economics – WSJ http://t.co/eduoruB43D
— Houstonomics (@Houstonomics) February 15, 2015
Ugh. “The average worker doesn’t see any wage growth from 35 to 55.” http://t.co/wRfQpWWpr8
— Torr Leonard (@torrHL) February 13, 2015
Unemployment and growth go up and down, but real wages have flatlined, for quite a while now: http://t.co/zSZoAt55F2 via @WSJPolitics
— Gerald F Seib (@GeraldFSeib) February 12, 2015