A well-known factoid in American economic debates is that wages used to grow with productivity, but they don't anymore. There's a particularly famous chart, courtesy of the Economic Policy Institute, ...
During his State of the Union address on Tuesday night, President Joe Biden patted himself on the back for his administration’s efforts to reinvigorate “an economy that hasn’t worked for the working ...
Employers added a surprisingly strong 517,000 jobs in January, pushing the unemployment rate to a 53-year low. Wage growth, meanwhile, continued to soften. Average hourly earnings grew 4.4% in January ...