How Do Pay Increases for Workers Impact the Economy?
I was recently looking at some headlines about wage tightening and labor shortages, and suddenly wondered what wage stagnation had to do with economic growth. I think this is probably…
Atlanta Fed: Employees Who Stayed at Their Jobs Saw Pay Increases of 5.5%
The Atlanta Fed said that in November, employees that stayed at their jobs got a 5.5% pay increase, up from 3.7% annual growth in January 2022. This was the highest…