U.S. Economic News

January 2, 2018

U.S. News

According to the Wall Street Journal, workers in U.S. cities with the tightest labor markets are starting to see wage gains. As available workers become scarcer, businesses in areas with low unemployment such as Minneapolis, Denver, and Fort Myers are raising pay in order to attract employees. WSJ

David Harrison of the Wall Street Journal reports that the minimum wage is set to rise in 18 states this year. While some states will only see increases because the minimum wage is indexed to inflation, others such as Arizona and Washington have multiple minimum wage increases planned via legislation over the next few years. WSJ