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CNBC: “That 50-year low in unemployment isn’t helping worker paychecks”

By admin_45 in IN THE NEWS CNBC: “That 50-year low in unemployment isn’t helping worker paychecks”

Excerpt from CNBC quoting DataTrek's Nick Colas:

.... "In addition to the slowing gains in hourly wages, weekly earnings rose just 2.6%.

That’s the result of “workers oddly reluctant to demand higher wages despite low unemployment rate,” said Nick Colas, co-founder of DataTrek Research"....

Read the full article here on CNBC!

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