Retail

Why the biggest job wage boom post-pandemic is blue collar

0


Companies are in desperate need of workers across the country as the economic reopening collides with a tight labor market, but the boom in manual labor job wage growth pre-dates the pandemic.

Donna Kauffman, co-owner of a landscaping design and construction company in Colleyville, Texas, said a tightened labor market has pushed her starting wage up to $13.75 per hour, compared to lower wages in previous years.

Economic forecasters like Gary Shilling have been watching blue-collar and manual service wages trend upwards for the last several years, growing at a faster rate than wages for white-collar jobs and reversing a trend that had been in place throughout the past 30 years, according to…



Source cnbc.com

Activist investor collaborates with company to boost profits, improve working conditions for women

Previous article

Oatly short seller says the stock is worth less than $10 a share

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Retail