October 31, 2012
A DEFLATIONARY EPOCH:
U.S. Workers' Compensation Rises 0.4% (ERIC MORATH And SARAH PORTLOCK, 10/31/12, )
Pay and benefits for U.S. workers continued to grow modestly from July through September, suggesting that a still-shaky labor market is holding back compensation. [...]Soft demand for labor left workers with little bargaining power to pursue better salaries and benefits even as job creation improved during the third quarter. The unemployment rate fell to 7.8% in September, the lowest level since 2009.
Posted by Orrin Judd at October 31, 2012 4:44 PM
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