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Monday, July 17, 2017

Growing Number of Companies Complain About Inability to Find Workers: So Why is Wage Growth So Low?

Since 2010, the highest year-over-year wage increase in any month for production and nonsupervisory employees is near 2.6%.
For a two-year stretch between summer of 2011 and summer of 2013 wage increases less than 2% were the norm.
Yet, firms complain about labor costs while simultaneously complaining about the lack of workers.

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