Author: Vera Gibbons

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Sluggish wage growth could weigh on a Fed rate hike

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The Fed’s effort to stimulate “good” inflation hasn’t amounted to much, and that could make the difference in whether or not it raises interest rates next month. Even though the U.S. labor market has seen robust job creation and the unemployment rate has fallen to a post-recession low (at 5.3%, it’s close to the 5% […]

Here’s why you haven’t gotten a raise

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If the job market is firing on all cylinders, why are you still not seeing a bump in your paycheck? Employers in the U.S. are hiring, the nation’s unemployment rate is now at a rate considered near normal, and jobs are being filled across a range of industries, but there’s a missing piece of the […]