Welcome, sign in or click here to subscribe.
Login: Password:
     
     


 

 

  Business


Subscriber content preview

November 2, 2018

Desperate for workers, firms boost pay

  • Wages and salaries for private-sector workers rose 3.1 percent from a year earlier — the largest annual gain in more than a decade.
  • By CHRISTOPHER RUGABER
    AP Economics Writer

    WASHINGTON — Against the backdrop of next week's midterm elections, the U.S. job market is the healthiest it's been in at least two decades. And with another strong hiring report expected Friday, some barometers of the job market suggest that it has room to strengthen further.

    Businesses, hungry for workers, are advertising a record number of openings. Companies in October added the most jobs in eight months, a private survey found. Pay has been picking up.


     
    . . .


    To read this story in full login or purchase a subscription.



    --