Didn’t get a raise this year? Blame inflation.

Wages typically track inflation, soaring higher when prices take off. Now companies have less pressure to raise wages.

“What companies are looking at is, what do they have to pay you to keep you from quitting your job?” said John Lonski, an economist with Moody’s Capital Markets.

Didn’t get a raise this year? Blame inflation.

Wages typically track inflation, soaring higher when prices take off. Now companies have less pressure to raise wages.

“What companies are looking at is, what do they have to pay you to keep you from quitting your job?” said John Lonski, an economist with Moody’s Capital Markets.

(Source: blogs.smartmoney.com)

@2 years ago
#Wall Street Journal #Charts