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Despite the pandemic’s economic disruptions and the looming prospect of a recession, many workers today have excellent opportunities to earn more or advance their careers. From globalization to the aging
Despite the pandemic’s economic disruptions and the looming prospect of a recession, many workers today have excellent opportunities to earn more or advance their careers. From globalization to the aging
While real wages increased by nearly 5% nationally over the past five years, the average workers in some parts of the country experienced little to no gains.
Cities With the Fastest Growing Wages Sign In Lattice, provided by FacebookTwitterEmail Photo Credit: Alamy Stock Photo Slow wage growth and increasing wage inequality have characterized the U.S. labor market for the past several decades. The COVID-19 pandemic has disproportionately impacted lower-wage workers, only serving to exacerbate these problems. Now, a year into the pandemic, millions of workers remain unemployed and many businesses still face restrictions. Over the past five years, average annual wages increased by 4.8%, after adjusting for inflation. However, much of the increase i...