In Hot Job Market, Salaries Start to Swell for White-Collar Workers

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.

Good, pay your student loans.

They are essential workers. Without bankers/finance guys, salaries are not processed and pensions not invested. Without lawyers/enforcement, criminals get away. Without techs, no internet/communication tools. They’re as important. Most of recent grads are in employment.

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These were not the essential jobs that kept the world running through the pandemic

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that's a very interesting way to address raises that haven't been adequately following the economy for the past 60 year, but now have seen some minor improvements.

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Walmart workers getting wages raising! But their working hours are now less! It is walmart.

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How to Explain This Weird Job MarketThe 2021 labor market has been a head-scratcher, with both a strong recovery and more job openings than unemployed workers Wow, a real head scratcher, huh? 2022 will end up being an ECONOMIC BOOM.....(probably the later half of 2022) Biden could not be more of a failure as President.
La source: WSJ - 🏆 98. / 63 Lire la suite »

Chinese stocks cut $600 billion from U.S. markets in 2021, and are just getting startedChinese stocks, especially tech companies, that trade in the U.S. have been a double-edged sword for American investors. Many of the China-based companies... tpoletti You should get sued for this, and you will. tpoletti Tis the season. Merry MOASS , global apes tpoletti I'm done. Their government is killing their market.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »