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Wages across the board would rise amid a widespread labor shortage, one economist says. But we’re seeing pockets of wage growth.
Investor and columnist Barry Ritholtz says workers are gaining leverage in relations with management, which could lift wages.
The consumer price index for April showed this week that prices jumped 4.2% year over year.
Sound familiar?
McDonald’s has joined Chipotle in offering higher wages. And it’s hard to undo that.
Almost half of small business owners said in a survey they couldn’t fill open jobs, so many of them are offering more money.
In the recovery this year, wages are likely to stagnate for returning service workers, economists predict.
A growing number of people across the country and the political spectrum support raising the minimum wage. Is this a sign of a bigger shift?
Bonuses for many essential workers is being rolled back this month. And high unemployment could push wages down, even for risky jobs.
Economists are adapting models and using social media to try to capture emerging trends in real time.