Why haven’t wages skyrocketed as the US returns to full employment?

Summary: Amidst the cheering about the latest strong jobs report, some analysts puzzle about the failure of wages to rise as strongly. The answer is simple. Job growth is weak, not strong. It’s even slower than US population growth. Of course wages are weak. The coming new industrial revolution will make today’s job market look […]

Read Full Story from Fabius Maximus website https://fabiusmaximus.com/2016/04/18/job-and-wage-growth-puzzle-95609/
This article by Editor of the Fabius Maximus website originally appeared on fabiusmaximus.com on April 18, 2016 at 12:00PM