Recent reports show that we are experiencing a wage growth barbell. Wage growth on the far ends of the income spectrum. So the highest paying industry, Information Technology, is experiencing wage growth while the lowest paying industry, Leisure and Hospitality, is also seeing wage growth.
This signifies broad based wage growth across the spectrum. If this holds, it should lead to real economic growth. A solid improvement in business conditions.
Todd Kmiec
https://www.linkedin.com/in/toddkmiec/
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