Wages Rising at fastest rate in a decade

adroit · 2018-07-31T16:24:26.421Z

And yet, when taking inflation into consideration, real wage growth is 0 and actually negative (-0.2) for production and nonsupervisory roles.

mobulis · 2018-07-31T16:25:33.316Z

Cratic3947:

The article bashes it as rising labor costs because they are leftist at Bloomberg, but you can’t hide the truth of it. Wages rising for American. Poor libby has to be sad at good news again.

“Economists expect a significant acceleration in wage growth in the second half of the year, boosted by a tightening labor market. The labor market is considered to be near or at full employment, with a 4 percent jobless rate.”

U.S. labor costs post largest annual gain since 2008 | Reuters

Key word being EXPECT.

Camp · 2018-07-31T16:31:24.187Z

Gold. Pure laugh out loud gold.

Steele dossier UK Russia dirt…yet somehow…Trump.

The Uranium Queen must be the Trump card.

Cratic3947 · 2018-07-31T16:36:39.882Z

Oh, Gosh is that consumer confidence rising to near 18 year high?

MarketWatch

Consumer confidence creeps back near 18-year high

Americans are still plenty confident in a U.S. economy that’s been growing for more than nine years and shows little sign of slowing. The consumer confidence...

gooddad409 · 2018-07-31T16:49:02.150Z

Isn’t that normal? I worked for a great corporation(40 years) but our raises were just a shade under cost of living usually.

Still my pay went from about 3 dollars an hour to over 33 dollars an hour when I retired.

That was good pay.

JayJay · 2018-07-31T16:49:57.886Z

How is calling it labor costs “bashing it”?

The article was fairly well balanced, citing increased wages, increased benefits, and a rosy forecast for the rest of the year.

Didn’t bash anything.

Cratic3947 · 2018-07-31T16:50:49.565Z

JayJay:

How is calling it labor costs “bashing it”?

The article was fairly well balanced, citing increased wages, increased benefits, and a rosy forecast for the rest of the year.

Didn’t bash anything.

The headline held a negative connotation

JayJay · 2018-07-31T16:52:09.329Z

Only for those who don’t know anything about the subject and are also fishing for a reason to call rhe media “leftist”.

Hell…the article even left out how rising inflation is eating away at these gains.

adroit · 2018-07-31T16:54:18.704Z

gooddad409:

Isn’t that normal? I worked for a great corporation(40 years) but our raises were just a shade under cost of living usually.

Still my pay went from about 3 dollars an hour to over 33 dollars an hour when I retired.

That was good pay.

No, getting a raise that is under cost of living/inflation is not normal or good. It literally means your pay is becoming less valuable.

Cratic3947 · 2018-07-31T16:58:22.544Z

JayJay:

Only for those who don’t know anything about the subject and are also fishing for a reason to call rhe media “leftist”.

Hell…the article even left out how rising inflation is eating away at these gains.

Says you…

gooddad409 · 2018-07-31T17:00:23.728Z

I call bull feathers. You are just trying to throw cold water on good news because it involves Trump.

You really think in my own case that 33 an hour is “not good”?

calirepub · 2018-07-31T17:01:12.653Z

adroit:

Isn’t that normal? I worked for a great corporation(40 years) but our raises were just a shade under cost of living usually.

Still my pay went from about 3 dollars an hour to over 33 dollars an hour when I retired.

That was good pay.

No, getting a raise that is under cost of living/inflation is not normal or good. It literally means your pay is becoming less valuable.

If your raise is less than the increases in the cost of living, then it sounds like your got paid pretty well when you began working for your corporation. Even though your pay hasn’t kept up with inflation, you still feel you were being well paid at the end.

Drs · 2018-07-31T17:36:15.173Z

Rising costs due to tariffs inflation and the rising cost of borrowing to combat inflation are going to eat up gains.

Again why people love the boom bust cycles versus steady growth is beyond me.

dantes · 2018-07-31T17:38:07.766Z

I don’t listen to Trump. He’s fake news.

Cratic3947 · 2018-07-31T17:39:49.040Z

Drs:

Rising costs due to tariffs inflation and the rising cost of borrowing to combat inflation are going to eat up gains.

Again why people love the boom bust cycles versus steady growth is beyond me.

You mean like when the swamp crashed the real estate market in 2008? And we have steady growth.

Drs · 2018-07-31T17:46:15.375Z

Certain posters just post the most stupid ■■■■■

Like there was not a boom prior to 2008.

gooddad409 · 2018-07-31T17:47:30.087Z

Is that a confession?

Cratic3947 · 2018-07-31T17:56:17.029Z

Drs:

Certain posters just post the most stupid ■■■■■

Like there was not a boom prior to 2008.

There was a real estate boom and then bust… Caused by the govt working with banks to get poor people loans they couldn’t afford and to spread the risk in MBS’s. Stupid and arrogant people did that on both sides.

Cratic3947 · 2018-08-01T16:32:59.397Z

Workers are need so bad, companies are training non-college educated people for jobs they once only accepted college degrees for…

Trump is Cool

wiley8425 · 2018-08-03T00:53:33.788Z

Yeah well most of those jobs didn’t really require a degree to begin with. It was just a tool for HR reps either too lazy or just plain ignorant of what was required to actually screen their candidates based on their qualifications.