Wage Growth Still Too Slow

By AFL-CIO

The economy added 313,000 jobs in February, the Labor Department reported, up from 200,000 in January. Wage growth slowed to 2.6% over the previous year, down from 2.8% in January. Working people still are not receiving a fair return on our labor.

The unemployment rate for black workers is 6.9%, which is nearly double that of whites.  

February’s jobs report is a reminder that wages are not rising to match working people’s productivity.

Our elected leaders should adopt a policy agenda focused on lifting wages:

Economic growth can and must be shared with the hardworking men and women who make it possible.

Raising wages boosts consumer spending, which is good for working people, businesses and our entire economy.

 

 

Posted In: From AFL-CIO

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