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Tag Archives: Wage Growth

Chart of the Week: An Answer to the U.S. Wage Puzzle

By Yasser Abdih July 10, 2018 Hiring is strong, but workers still aren’t seeing big raises (photo: Kutay Tanir/Getty Images by iStock). Wages in the US have grown slowly in recent years, even as the unemployment rate has fallen to the lowest levels in decades. This is puzzling. Economic theory and common sense suggest that companies competing for a shrinking pool of available workers would have to raise wages as the labor market tightens. What explains stagnant wage growth, then? The...

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