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Unemployment and Wage Growth

Forums: U S Economy
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gollum
 
Reply Sun 19 Aug, 2018 01:28 pm
Why has the unemployment rate gone down and wage growth gone up during Trump's presidency?
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Type: Question • Score: 0 • Views: 646 • Replies: 2
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engineer
 
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Reply Sun 19 Aug, 2018 04:18 pm
@gollum,
The unemployment rate has been dropping for the last eight years as the economy recovers from the the great recession. Once all the available workers are used up, employers start competing for better employees, usually by raising wages.

https://data.bls.gov/generated_files/graphics/latest_numbers_LNS14000000_2008_2018_all_period_M07_data.gif
gollum
 
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Reply Sun 19 Aug, 2018 07:45 pm
@engineer,
engineer-

Thank you.
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