Experience Stern | News & Events

Excerpt from Knowledge@Wharton -- "...The issue of the puzzle that wages weren't increasing even though the economy was strong, unemployment rate was low, we weren't seeing wages increasing was a continuing puzzle. [It's] still not clear why that was so six months ago, a year ago, two years ago, but it is clear now that the ... labor market is having some consequence for wages. However, it's important to remember that inflation is kicking up a little bit as well..."