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US businesses raise pay at fastest pace in 11 years
ABC "News" ^ | April 27, 2018 | By CHRISTOPHER RUGABER, AP ECONOMICS WRITER

Posted on 04/27/2018 6:33:01 AM PDT by Oldeconomybuyer

U.S. private-sector workers received the biggest pay raise in 11 years in the first three months of the year, a sign that the tight job market is slowly lifting wages.

The Labor Department says wages and salaries in the private sector rose 1 percent in the January-March quarter, compared with the previous quarter. That's the biggest gain since the first quarter of 2007, before the Great Recession began.

The gain was boosted partly by healthy year-end commissions that are typically paid to sales workers at the beginning of the year. In the past year, wages for private sector workers rose 2.9 percent, the healthiest increase since the third quarter of 2008.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events
KEYWORDS: capitalism

1 posted on 04/27/2018 6:33:01 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Pay raises and tax cuts.

Sounds like Winning!


2 posted on 04/27/2018 6:36:56 AM PDT by ClearCase_guy
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To: ClearCase_guy
My Daughter-in-Law just changed jobs to get more pay and extra benefits from her old one. She's doing the same work but getting a pay raise and more in the process.

Don't tell me that Jobs are on Fire. I haven't seen this since the early 70s.

Way to go Trump and the Tax Cuts!

3 posted on 04/27/2018 6:41:36 AM PDT by CptnObvious (uestion her now.)
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To: Oldeconomybuyer

STILL not sick of the winning.


4 posted on 04/27/2018 6:42:06 AM PDT by MNJohnnie ("The political class is a bureaucracy designed to perpetuate itself" Rush Limbaugh)
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To: Oldeconomybuyer

When will black Americans realize they have been bamboozled?.................SOON.................Think RED STATE California..............


5 posted on 04/27/2018 6:45:13 AM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: Oldeconomybuyer

Let’s hope retirees get a decent cost-of-living adjustment this year. Obama’s false no-inflation statements darn near finished me off.


6 posted on 04/27/2018 6:47:29 AM PDT by ryderann
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To: ryderann

No doubt that the wun regrets not finishing off the vast majority of people.


7 posted on 04/27/2018 6:50:16 AM PDT by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: Oldeconomybuyer; unkus; SkyPilot; Liz; ZULU; sheik yerbouty; Kaslin; radu; Tilted Irish Kilt; ...

Liberals plan to run on stopping and overturning all President Trump’s MAGA like this awesome news? Really? Their Blue Wave to hell, ya think?


8 posted on 04/27/2018 6:58:40 AM PDT by ExTexasRedhead
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To: CptnObvious

More than just tax cuts. He is putting businesses on-notice that the old ways of moving work offshore and/or bringing in low-wage foreign workers will no longer be pain-free for business.


9 posted on 04/27/2018 7:19:11 AM PDT by Buckeye McFrog
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To: Buckeye McFrog
More than just tax cuts. He is putting businesses on-notice that the old ways of moving work offshore and/or bringing in low-wage foreign workers will no longer be pain-free for business.

Boosting wages here in the US; Making America Great Again!

10 posted on 04/27/2018 7:22:10 AM PDT by CptnObvious (uestion her now.)
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To: ExTexasRedhead

“Liberals plan to run on stopping and overturning all President Trump’s MAGA like this awesome news?”

To real liberals, the economy and general health of the country are irrelevant. They only care about things like global warming, and would be much happier to shut our economy down and reduce our standard of living to third world status, and to punish whites for not only creating civilization but for being the first culture in the world to end slavery.

So, the economy going bazonkazoids is actually counter to their goals. The question is whether there is enough of us to both counter their votes, and their fraud machine


11 posted on 04/27/2018 7:26:19 AM PDT by dsrtsage (For Leftists, World History starts every day at breakfast)
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To: Oldeconomybuyer

Thanks Obama!


12 posted on 04/27/2018 7:28:04 AM PDT by EdnaMode
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