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Wages for Typical Workers Are Rising at Their Fastest Rate in a Decade

Wages for nonsupervisory employees — who make up 82% of the workforce — are rising at the Fastest Rate in more than a decade, The Wall Street Journal reports.

Workers at the bottom of the pay scale have been feeling positive effects on their wages at the end of 2019 — especially when compared to those at the top.

Pay rates the bottom 25% of wage earners rose 4.5% in November from a year earlier, while wages for the top 25% of earners rose only 2.9%, per data from the Federal Reserve Bank of Atlanta.

The post Wages for Typical Workers Are Rising at Their Fastest Rate in a Decade appeared on Personal Finance News.



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