An Examination Of Common-sense Solutions Of Job

Hiring has been solid for six years, but for most of that time there were caveats: Average hourly pay was stagnant. And millions were no longer either working or looking for work, leaving a smaller proportion of adults in the labor force. Evidence is emerging that those long-running weak spots are finally improving. interview skills dvdMany businesses are offering higher pay to attract workers as competition to fill jobs heats up. Average pay is up 2.6 percent from a year ago matching the best 12-month gain since the Great Recession ended in 2009 and comfortably above inflation of just 1 percent. The resilient job market is encouraging more Americans to begin looking for a job a key trend that helps offset a drag from the growing retirements of aging baby boomers. Taken together, the two trends suggest that the economic recovery, now seven years old, is finally benefiting a broad spectrum of the population. Economists at Goldman Sachs have found that pay for workers earning less than $12.50 an hour has risen 4 percent in the past year, more than for any other income group. Those earning from $12.50 to $20 an hour have received the next-biggest increase, at just above 3 percent. Higher minimum wages may be bumping up pay for workers further above the federal minimum of $7.25. “Wage growth figures indicate that the tide is turning,” said Douglas Holtz-Eakin, a former director of the Congressional Budget Office and president of the conservative American Action Forum.leadership skills hr interview

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