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Wages and Benefits are Rising at the Fastest Pace in a Decade

posted by martyb on Monday August 06 2018, @09:37AM   Printer-friendly
from the positive-news dept.

An Anonymous Coward writes:

Marketwatch brings good news for the USA: American workers are finally reaping the benefits of the lowest unemployment rate and best jobs market in decades: Wages and benefits are rising at the fastest pace in a decade. Firms have sought to fill openings by offering better benefits such as more vacation time or flexible hours. When push comes to shove, they are offering higher pay. While bigger paychecks are great for workers, the US Federal Reserve is watching closely to see if rising compensation is stoking inflation. The Federal Reserve could increase U.S. interest rates if it becomes a big worry, but so far inflation remains relatively mild.

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  • (Score: 2) by DeathMonkey on Monday August 06 2018, @05:49PM (3 children)

    by DeathMonkey (1380) on Monday August 06 2018, @05:49PM (#717929) Journal

    And to add the anecdotal. I'm paying co-pays on some of my meds again. So my healthcare insurance is demonstrably worse than a couple years ago.

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  • (Score: 1) by khallow on Tuesday August 07 2018, @12:59AM (2 children)

    by khallow (3766) on Tuesday August 07 2018, @12:59AM (#718053) Journal

    I'm paying co-pays on some of my meds again. So my healthcare insurance is demonstrably worse than a couple years ago.

    OTOH, it means you're consuming less in health care and thus, lowering costs for everyone else consuming health care.

    • (Score: 0) by Anonymous Coward on Monday August 13 2018, @10:41AM (1 child)

      by Anonymous Coward on Monday August 13 2018, @10:41AM (#720896)
      Yeah and if he dies due to inadequate/improper healthcare he'll consume even less and lower far more costs.

      • (Score: 1) by khallow on Friday August 17 2018, @12:19PM

        by khallow (3766) on Friday August 17 2018, @12:19PM (#722770) Journal

        inadequate/improper healthcare

        What was "inadequate" or "improper" about such health care?