Wages Rising for Low-Earners, Blue Collar Workers - Political Insider
According to Fox News, "U.S. workers in traditionally lower-wage jobs are among those seeing the biggest wage bumps in August," Glassdoor Chief Economist Andrew Chamberlain said. "Roles ranging from maintenance worker and bank teller to barista and bartender are seeing big pay gains as the healthy job market translates into more pay across many corners of the labor market."
As for those gains by job type, they include; bank teller (8 percent raise), maintenance worker (7.5 percent), bartender (6.5 percent), property manager (6.1 percent) and financial adviser (6 percent). "As the U.S. labor market shows no signs of letting up, we expect wages to keep climbing," Chamberlain added. Nationally, wages rose 2.4 percent higher this August than August of last year, and median pay rose to $52,461.
Despite repeated attempts by Democrats and Barack Obama to take credit for the current economic upswing in America, leading economists agree and most people recognize that the main man behind it is President Trump.
A Wall Street Journal poll of economists earlier in the year found that most agreed Trump deserved the credit rather than Obama for the current economic landscape, citing the upturn in business confidence that accompanied Trump's election, and tie that to increase business investment. The Trump tax cuts had just been passed at the time of the study, but the CBO estimates that they're boosting growth 0.7% higher every year.
No comments:
Post a Comment