The American economy continues to roar to life under President Trump and the Republican-controlled Congress, with new data showing US workers receiving the lowest unemployment benefits since 1973.
This is a companion discussion topic for the original entry at https://www.hannity.com//media-room/great-again-unemployment-claims-at-lowest-levels-since-1973/29412356/
Even though the US is approaching full employment, the actual percentage of employers not increasing wages has risen since last year.
We’re seeing deflationary pressure on overall wages. The US is at the end of the road, in terms of the decline of interest rates (FED policy), so when wages don’t rise, where do US employers think this increased demand will come from? Lastly, if firms freeze wages during good times, what do they think will happen when the next recession or financial crisis occurs?
