Congressional Research Service: 'Average Wage Growth & Related Economic Trends in 2022'
January 12, 2023
January 12, 2023
WASHINGTON, Jan. 12 -- The Congressional Research Service issued the following report (No. R47380) on Jan. 11, 2023, entitled "Average Wage Growth and Related Economic Trends in 2022" by macroeconomic policy specialist Lida R. Weinstock.
Here are excerpts:
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SUMMARY
The economy in 2022 has been marked by high inflation and a tight labor market. While year-over-year average hourly earnings growth has reached some of the highest lev . . .
Here are excerpts:
* * *
SUMMARY
The economy in 2022 has been marked by high inflation and a tight labor market. While year-over-year average hourly earnings growth has reached some of the highest lev . . .