Tech Sector Shows Highest Wage Growth Among Record-Low Unemployment
Another piece of research shows that despite a record-low unemployment rate, Q3 wage increases only grew .5% quarter over quarter (2.6% year over year).
Tag: wage growth
Wage Growth Remains Moderate, Study Finds
A recent report from Mercer aimed to understand the state of salary budget increases for 2019 as well as projections for 2020. A comparison with the same report from previous years showed similar findings: low to moderate wage growth. I recently spoke with Mary Ann Sardone, U.S. Talent Solutions Leader at Mercer, to explain the […]
New Data Suggest Wages Might Finally Be Growing Amid Strong Labor Market
We’ve been talking for some time about the tight job market faced by employers across the company. With the unemployment rate at a historic low, many jobseekers are having an easier-than-usual time finding a new job, or a first job, as employers struggle to find qualified employees.