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White House Press Release - Fox Business: "US Wage Growth Hits 17-Month High"

October 02, 2018

"National wage growth is at the highest it's been in nearly 17 months — and, according to a new study released by Glassdoor, it's not expected to slow down anytime soon."

US wage growth hits 17-month high
By Megan Henney
Fox Business
October 2, 2018

National wage growth is at the highest it's been in nearly 17 months — and, according to a new study released by Glassdoor, it's not expected to slow down anytime soon.

"We expect wages to continue to rise as demand remains for workers throughout a number of industries," Glassdoor economist Daniel Zhao said in a news release.

Wages grew 2.6 percent year-over-year from 2017 to $52,664, making it the fastest wage growth seen since April 2017.

Some industries are also seeing bigger boosts in pay than others. For instance, health care roles like pharmacy technician and emergency medical technician saw annual pay grow by 6.8 percent and 5.7 percent, which could indicate "big opportunities" in the field.

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Read the full article here.

Donald J. Trump (1st Term), White House Press Release - Fox Business: "US Wage Growth Hits 17-Month High" Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/336383

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