U.S. wages proceed to rise at a brisk tempo in November, notably in sectors with probably the most acute labor shortages, Friday’s jobs report confirmed.
Common hourly earnings had been 4.8% larger in November in contrast with a 12 months in the past for all non-public industries, the Labor Division stated in its November employment report that additionally confirmed payrolls rising by 210,000 and the unemployment fee dropping to 4.2%.