Are wages finally starting to pick up?
Wages were a highlight in the January jobs report. Average pay grew by 3.2 percent last month, compared to a year earlier. In fact, January was the fourth straight month where growth in average hourly earnings topped 3 percent. It’s about time, too, since we’ve been hearing about sluggish wage growth for years now. But four months of solid wage growth don’t necessarily mean everybody’s earning more.
Click the audio player above to hear the full story.
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.
