learn why you don't need Socialism or unions to raise wages. Just cut taxes and regulations. Capitalism takes better care of workers than Socialism.
Of course, Venezuela took the left fork in the road (ie Socialism) and the workers are worst off. You have not answered my question in the other thread. Now that South Africa is going to take a left-turn by redistribution of wealth from the white tribe to the black tribes, what do you think is going to happen?The long-awaited pickup in U.S. wage growth may have finally arrived.
Average hourly earnings rose 2.9 percent in August from a year earlier, the sharpest jump since June 2009, the Labor Department said Friday.
The rise last month means worker pay is finally increasing at a noticeably higher pace than the 2.3 percent yearly inflation measure tracked by the Federal Reserve. And that gives households a little more breathing room in their monthly budgets.