Only one rate cut of .25% predicted now. That damn resilient economy.
Private sector wages rose 1.1% after gaining 1.0% in the prior quarter. They gained 4.3% in the 12 months through March. Wage gains remain above their pre-pandemic levels. Annual compensation costs increased 5.3% for union workers and were up 3.9% for non-union workers.
Private sector wages rose 1.1% after gaining 1.0% in the prior quarter. They gained 4.3% in the 12 months through March. Wage gains remain above their pre-pandemic levels. Annual compensation costs increased 5.3% for union workers and were up 3.9% for non-union workers.
