Friday, December 25, 2015

Quick Graph: Monthly Year-to-Year changes in Hourly and Monthly wages

Wage growth finally beat inflation for the first time since the start of recession

Wages are finally picking up.  A comparison of wage from month to prior year month show a growth rate of about 2% for the past year.  It also well above inflation which is close to zero.  By this measure, the recession may finally be over.

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