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
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 […]
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.