Economists are trying to out why incomes aren’t rising — but workers have a good hunch
|05/20/2017||Posted by BusinessMediaguide.Com under General World News||
Economists are often wringing their hands over why, despite a continuous eight-year economic recovery, workers’ wages remain largely stagnant, extending a trend that began some three decades ago.
Yet anyone who has applied for a job in the last couple of years knows that, while the US unemployment rate is historically low at 4.4%, the labor market isn’t exactly bustling.
Companies have become a lot more reticent about making new investments in the wake of the Great Recession and during the weak economic recovery that has followed it. That includes investing in people, and the hiring process has become slower and more read more >>>