Catherine Rampell: Dude, where’s my pay raise?
Dude, where’s my pay raise?The economic recovery is coming up on its ninth birthday. Unemployment has fallen steadily and relatively consistently during the Obama years and now President Trump’s tenure, down to 3.9 percent in April. That’s the lowest level since 2000.Meanwhile, lots of other measures suggest firms are having trouble finding workers. There are 1.1 unemployed persons per job opening, tied with the lowest ratio on record, per the Bureau of Labor Statistics. Half o
Read more »