US wages are rising, maybe faster than you think

Here’s a Labor Day quiz: Whose pay rose at the fastest rate in the past year – lawyers or truckers? PhDs or workers who didn’t graduate from high school? The top 10 percent of earners or the bottom 10 percent?

If you opted for the answers that may seem surprising – the second ones in each of those pairings – then congratulations! You’re especially attuned to a recent turn in the US economy. In percentage terms, the workers in category "b" outdid those in category "a" in the past 12 months. It’s a sign that after eight years of an

Pay hikes and a paradox‘The new normal will be tight labor market’