Strong job and wage gains continue in this historically unique

Oct 4, 2024 · Strong job and wage gains continue in this historically unique. expansion. Payrolls rose a strong 254,000 last month, well above expectations for about 150,000 more jobs, and the unemployment rate ...

CouponFollow Extension

7%
OFF

What The Surprisingly Strong Jobs Report Means For Inflation And ...

1 week from now

Feb 2, 2024 · The economy added 353,000 jobs last month while the unemployment rate held steady at 3.7%, a historically low figure, according to data released by the U.S. Bureau of …

go.com

$25
OFF

We Want $25 Per Hour, Newark Airport Workers Demand At Rally

1 week from now

Apr 30, 2024 · Raise wages for thousands of airport workers to $25 per hour by 2030. The Port Authority runs the area’s three major airports in New Jersey and New York: Newark Airport, …

patch.com

$19
OFF

Deal On Table To Hike Minimum Wage At NJ, NY Airports ... - Patch

1 week from now

6 days ago · The Port Authority Board of Commissioners last adopted an expanded minimum wage policy in 2018, which brought the wages of airport workers to a minimum of $19 per hour …

patch.com

FAQs about Strong job and wage gains continue in this historically unique Coupon?

Are wages rising?

With solid job growth and low unemployment, employers are having to compete for workers with higher wages. Average wages in June were 4.4% higher than a year ago. That matches the annual pay hikes in April and May. Wages are not rising as fast as they did last year, but the good news is, neither are prices. ...

Is real wage growth up?

Real wage growth is up, a lot of jobs have been added.” Average hourly earnings grew 0.4% for the month, bringing the annual rate up to 4% from 3.9% seen in August, according to Friday’s report. ...

How much has wage growth risen over the past 3 months?

Cumulative upward revisions of 72,000 to July and August raise the average monthly gains over the past three months to a healthy 186,000. Also in today’s report, wage growth was a strong 4% year-over-year and 0.4% on a monthly basis. ...

Is wage growth a good thing?

And the U.S. economy has been adding jobs rapidly, which — paired with solid wage gains — has helped to keep overall income rising faster than prices. “To be clear, strong wage growth is a good thing,” Mr. Powell said this week. “But for wage growth to be sustainable, it needs to be consistent with 2 percent inflation.” ...

Did a year of strong labor markets benefit a group of workers?

The employment-to-population ratio of this group posted another gain, rising 1.3 percentage points, further highlighting how another year of strong labor markets was beneficial to groups of workers that depend on tight labor markets to get a fair chance. ...

Are wages rising faster in June than a year ago?

Average wages in June were 4.4% higher than a year ago. That matches the annual pay hikes in April and May. Wages are not rising as fast as they did last year, but the good news is, neither are prices. Annual wage gains in May outpaced price hikes, so workers' real buying power increased. ...