Wage Growth Steady Despite Tight Labor Market

Wages and benefits are not accelerating despite the tight labor market: The benefits change shifts around a bit, but the blue line, which totals wages and benefits, shows great stability.  This despite the low unemployment …
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Employee Retention

Labor markets are tight, as I’ve mentioned several times.  Ken Tanner has a great, short summary of the case for focusing on employee retention before hiring.  Read it here. Ken does hands-on consulting for companies …
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Employment Solid, Labor Markets Still Tight

Job growth continued at a solid pace last month, and the unemployment rate is still low: The recent pace of job growth is 1.5 percent over the last 12 months.  The population is growing not …
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Wage Inflation Heading Up

Wage inflation ticked up in the first quarter, by the more reliable measure, the Employment Cost Index: As a reminder, the ECI adjusts for the mix of jobs, so it’s an apples-apples comparison of what …
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Job Growth Good

Job growth was good last month.  Not great, but good. There was some weakness in manufacturing and telecom and a few other categories, but generally the data are fine.  Not booming, but fine.  Further, the …
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