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The article says the exact opposite. "employers bidding more to attract new workers and offering raises to retain their existing staff." "The rate of wage grow
by TheLoneAdmin 8y ago
The article says the exact opposite.
"employers bidding more to attract new workers and offering raises to retain their existing staff." "The rate of wage growth has doubled of late"
- Kerrick 8y agoIt also says: > Yet the experience of towns like Ames and Des Moines show that such “labor shortages” might be due to insufficient wages and crummy working conditions > Indeed, across the economy, companies have shown a remarkable unwillingness to boost wages > Low wages continue to be an extraordinary problem preventing workers from connecting with a good job and keeping potential employees on the sidelines — in Iowa and across the country. > “But there’s still this cliff, around $13 or $15. If you are making less than that, you can’t take a job. And we are not seeing too many companies go over it.”
- s73v3r_ 8y agoThe rate of wage growth may have doubled, but if you double next to nothing, you're still next to nothing.