I wonder how Democrats will give the credit to Obama. Hey, maybe they’ll say that the Stimulus is finally kicking in
U.S. workers are seeing the fastest wage increases in a decade.
Today's Employment Cost Index showed wages & salaries growing at 2.9%, the best in 10 years.
Friday's jobs report is likely to show wage growth over 3% for the 1st time since April 2009.https://t.co/odMblynqUM— Heather Long (@byHeatherLong) October 31, 2018
Breaking News
Wages & Salaries +3.1% Biggest Surge in Decade
Benefits +2.5%
Compensation +2.9%Main Street on the verge of getting paid….big time!
— Charles V Payne (@cvpayne) October 31, 2018
Let’s go to that Washington Post article, which surely gave lots of liberals at the post a case of the sad’s because Trump
U.S. workers are seeing the largest wage increase in a decade, the Labor Department reported Wednesday, as companies compete harder for employees than they did in recent years.
Wages rose 2.9 percent raise from September 2017 to September 2018, according to the Labor Department’s Employment Cost Index, a widely watched measure of pay that does not take inflation into account.
That is the biggest increase — not adjusted for inflation — since the year that ended in September 2008, when wages rose 3.1 percent.
Sluggish pay growth has been one of the biggest problems in this recovery, but employers are finally having to hike wages at a more normal level typically seen during good economic times. Unemployment is at a 49-year low and there are more job openings than unemployed Americans, which forces companies to fight for available workers.
For eight years we were told that recovery was coming, it was coming. Yet, it didn’t come till we had a pro-business president in office, someone who knows How Business Works, rather than thinks they know it from lectures by left wing professors and people who never did it.
And let me say to the Never Trumpers, because they have really been annoying the crap out of me lately, you may dislike Trump, but he is mostly doing the things we want a Republican president to do. If it was Jeb!, Christie, Cruz, etc, they’d be cheering. Instead, they find ways to be against the good that Trump is doing, just like Democrats.
