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07.01 - 19:17
In Hot Job Market, Salaries Start to Swell for White-Collar Workers
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Salaried employees are joining hourly workers in getting hefty raises, thanks to the hot job market and inflationary pressures that are also boosting pay for workers including waiters and warehouse staff.
U.S. professionals toward the end of this year saw their compensation jump at the fastest rate in nearly 20 years, federal data show. Hanging over bigger paychecks is the specter of inflation running near an annual rate of 7%, the highest in 39 years, meaning rising prices will cut into and in some cases decimate the real value of wage gains.
Read more on wsj.comAbout this in other media
Here are the most predictable tokens of 2021 – for those who knew where to look cointelegraph.com /2 years ago
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Oxford Street: why London’s shopping mecca can’t trade on past glories theguardian.com /2 years ago
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