05/22/2018

How Retiring Baby Boomers Hinder U.S. Wage Growth

Retiring baby boomers might be the answer to the mystery of why wage growth remains soft in what appears to be a tight labor market. The unemployment rate fell last month to match the lowest level in 16 years, and businesses including restaurants and technology firms say they can’t find enough workers. Those conditions should–theoretically–cause wages […]

View Article
Site has paywall