Wage Growth Slows Across the Country (axios.com)

An anonymous reader writes: Wages in the United States are going up, but their growth is shrinking, says Glassdoor chief economist Andrew Chamberlain. Wages should be rising an average of 3%-4% given the tightness of the job market, Chamberlain says. According to official data from the U.S. Bureau of Labor Statistics, wage growth was a lower 2.6% in February. Glassdoor data -- based on a survey of 100,000 salaries posted by the jobs site every month -- show even lower growth, shrinking to just 1% last month.

Comments

Re:Take your lumps for Trump

[PopeRatzo]

Are you talking about the 40% increase in the stock market since he took office

The Dow was 19,826 on the day Donald Trump took office, and it's 24,005 as of a few minutes ago. Now math is not my best subject, but I'm not sure that's a 40% increase.

Oops, make that 23,963 as of 10:58am PST.

For the record, the economic growth during the Obama Administration was faster and steadier. He was the first president since before WWII to not take us into a recession at any point in his presidency.

Oops, make that 23,941 as of 11:01am PST.

Re:Where's all that tax cut money

[Actually, I do RTFA]

Caymens, Switzerland, Panama, [offshore destination of choice]. Oh, and for some of them it's a down payment on a bigger yacht.