Wages, or average hourly earnings (AHE) increased by 3.1% over the last 12 months in January and have risen by at least 3% for 18 consecutive months. AHEs for all employees rose by 7 cents to $28.44, according to the U.S. Bureau of Labor Statistics (BLS) monthly jobs report.
In December, 12-month wage growth was initially reported at 2.9%, but the reporting period cut off and underestimated the rate of growth. It was revised higher to 3.0%.
“Wages have increased by 3% or more for 18 consecutive months after December revisions and another strong performance in January,” U.S. Secretary of Labor Eugene Scalia said in a statement. “Production and non-supervisory wages increased even faster than managers’, continuing the blue collar boom.”
The most damning journalistic sin committed by the media during the era of Russia collusion…
The first ecological study finds mask mandates were not effective at slowing the spread of…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…
Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…
Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…
This website uses cookies.