Hourly Wage Distortions, Part 2

Posted - Filed under Wages.

This is a follow-up to our previous post on Hourly Wages. The issue we raised may be a storm in a teacup – the headline number could be impacted, but we favor attributing a more limited scope to this anomaly. Read More

Payrolls Average Hourly Wages: A Distortion.

Posted - Filed under Payroll Survey, Wages.

Something strange seems to be happening in the Payrolls Survey wage estimates for a sub-sector of the Retail industry.  More investigation is needed before we can say what implications this might have for next month’s hourly wage headline number. Many commentators made claims for inflationary pressures in the release of January’s Payroll Survey. This was… Read more » Read More