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Mar 8, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Workers’ wages are finally rising

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Workers' wages are finally rising
Mar 8th 2012, 15:50

Labor costs have risen sharply, outpacing inflation for only the second time since the beginning of the financial crisis. Labor costs per unit grew 2.8 percent in the fourth quarter of 2011, in large part because of higher compensation, the Wall Street Journal reports. It's the biggest increase since the end of 2008, and it could be a good for workers, who may be having an easier time bargaining for higher salaries as there's more demand for new employees.

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