Age Mix of the Workforce Is Not Holding Down Wages

posted by Michael Lewis on August 10, 2018

Found in US, categorized in Macro

Tags: wage labor market unemployment

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The pick-up in average hourly earnings to +2.75% (year-year) has been respectable, but given very low unemployment, most observers expected more, including FMI.


FMI’s commentary on the effects on demographics shifts in employment on average wages.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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