Tag Archives: employment cost index

Best Wage and Benefit Rise in 11 Years

Financial FAQs MarketWatch.com Workers’ wages and benefits are finally rising at a decent clip from being fully employed, said the Labor Department. Total compensation, including health and pension benefits, rose in 2018 2.9 percent, up from 2.8 percent in 2017. … Continue reading

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Fed Rate Hike Could Hurt Employment

Financial FAQs Fed Chair Janet Yellen all but confirmed the Fed was ready to raise interest rates in December. She laid out a case for raising interest rates in a speech on Wednesday at the Economic Club in Washington. “Ongoing … Continue reading

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Unemployment Rate Stuck

Popular Economics Weekly The U.S. pumped out another 215,000 new jobs in July, but it doesn’t look like this is enough to convince the Fed to begin to raise rates in September. Workers still aren’t getting decent raises and millions … Continue reading

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