News

Employers are courting less-educated workers — finally — but they aren’t offering pay increases

Federal Reserve Bank of New York economist Gizem Kosar may not have cracked the Case of the Missing Wage Growth yet, but she has found a promising lead.

In the July release of labor market data from the bank’s Survey of Consumer Expectations, Kosar and analyst Kyle Smith noticed something surprising: Workers without a bachelor’s degree are switching jobs at the highest rate since the thrice-yearly survey began in 2014, but their salaries have fallen slightly in the past year.

By Andrew Van Dam

https://www.washingtonpost.com/business/2018/10/03/employers-are-courting-less-educated-workers-finally-they-arent-offering-pay-increases/

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.