Q4 2016 Wage Growth Exceeded Expectations, Expected to Continue Upward in 2017

The Bureau of Labor Statistics has reported that average hourly wages rose 2.9 percent in 2016, which included a strong fourth quarter where many experts “expected to see poor performance…due to uncertainty after the [presidential] election”. The Society for Human Resource Management (SHRM) says that American wages are expected to grow an average of 3.2 percent year over year in Q1 2017.

To read more, please click here.