[quote=poorgradstudent]
…. I’m starting to see SOME upward pressure on wages. If unemployment can stay fairly low that’s likely to help push salaries up, finally.[/quote]
Unfortunately, data does not support what you see.
“The employment-cost index, a broad measure of workers’ wages and benefits, climbed a seasonally adjusted 0.2% in the second quarter from the first quarter, the Labor Department said Friday. That marked the smallest quarterly gain since record keeping began in 1982. Economists surveyed by The Wall Street Journal expected a 0.6% increase.”
