Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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From: Kenneth E. Phillipps	12/2/2015 7:09:36 PM
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WAGES ACCELERATING A separate report from the Labor Department suggested wage growth, which has been frustratingly slow even as labour market conditions tighten, could be finally accelerating. Compensation per hour in the third quarter rose at a 4.0 percent annual rate, and not the 3.0 percent pace the department had reported last month. Compensation was up a solid 3.6 percent from the third quarter of 2014. Unit labour costs, the price of labour per single unit of output, were also revised higher to show them increasing at a 1.8 percent rate in the third quarter, instead of the previously reported 1.4 percent pace. "The figures in today's report support the idea that wage inflation has picked up lately," said Daniel Silver, an economist at JPMorgan in New York. in.reuters.com

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