Employee Compensation Rising Sharply

What happens when the economy grows and companies need more workers? Wages rise, especially when the flow of legal and illegal immigrants competing for low- and middle-wage jobs declines. Not surprisingly, that is what we are currently seeing:

American workers are finally reaping the benefits of the lowest unemployment rate and best jobs market in decades.

I don’t know about “finally.” President Trump has only been in office for a year and a half.

Wages and benefits are rising at the fastest pace in a decade.

This chart tells the story:

Higher wages, more jobs, lower taxes. Let’s not let the Democrats screw this up!

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