Yes, wages are rising faster than in several years. No, that isn’t great.

Scott Tong Nov 4, 2016
HTML EMBED:
COPY
A woman waits for a job at a temporary employment agency in North Dakota. ProPublica's Emily Corwin discusses the work opportunity tax credit's benefits for temp agencies and the persistent lack of solutions for workers. Robyn Beck/AFP via Getty Images

Yes, wages are rising faster than in several years. No, that isn’t great.

Scott Tong Nov 4, 2016
A woman waits for a job at a temporary employment agency in North Dakota. ProPublica's Emily Corwin discusses the work opportunity tax credit's benefits for temp agencies and the persistent lack of solutions for workers. Robyn Beck/AFP via Getty Images
HTML EMBED:
COPY

The monthly jobs report from the Labor Department said wages are growing at the fastest rate since the economic recovery started seven years. That’s good, certainly. But labor market experts looking at the bigger picture might revise that assessment downward for working Americans to kind of OK.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.