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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   
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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Original Submission

• "actual high school students" "actual high school students" (Score: 3, Insightful) by MichaelDavidCrawford on Monday August 06 2018, @06:37PM (1 child)

  by MichaelDavidCrawford (2339) <mdcrawford@gmail.com> on Monday August 06 2018, @06:37PM (#717944) Homepage Journal

  the reason high school students can't get jobs at Mickey D's is because all the formerly-retired people snapped them up when the subprime meltdown also melted down their 401ks.

  --
  Yes I Have No Bananas. [gofundme.com]

  Parent

  Starting Score:	1		point
  Moderation		+1
  Insightful=1, Total=1
  Extra 'Insightful' Modifier		0
  Karma-Bonus Modifier		+1
  Total Score:		3

• Re:"actual high school students" (Score: 1) by EEMac on Wednesday August 08 2018, @03:11PM

  by EEMac (6423) on Wednesday August 08 2018, @03:11PM (#718809)

  Whenever a McDonald's in my area is hiring, the sign says "now hiring responsible adults". It doesn't sound like they want teenagers any more.

  Parent