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The Impact of Today's Tight Labor Market on Wages
DECEMBER 03, 2019
Given the difficulty in recruiting and retaining workers, it is not surprising that wages have been accelerating in recent years. Still, on a national level, wage growth remains below prerecession rates, and not everybody is impacted by the tightening of the labor market in the same way.
Join this webcast as our panel of compensation experts and economists explores:
- The current wage dynamics in the US;
- Why wages are rising faster for blue-collar and manual services workers;
- How employers are having to deal with pay compression among their employees; and
- How increasing labor costs have started to affect profitability.