Question #5 for 2020: How much will wages increase in 2020?

Earlier I posted some questions for next year: Ten Economic Questions for 2020 . I'm adding some thoughts, and maybe some predictions for each question. 5) Real Wage Growth:  Wage growth was disappointing in 2019 (up 3.1% year-over-year as of November).  How much will wages increase in 2020? The most followed wage indicator is the  "Average Hourly Earnings" from the Current Employment Statistics (CES) (aka "Establishment") monthly employment report. Click on graph for larger image. Nominal wage growth (blue line) had been running close to 2% from 2010......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/36huq84
via IFTTT