December 3, 2014
Research Fact !
" Why Are Wages Rising Slowly? Maybe Because Businesses Are Getting Bigger ! "
The growing size of U.S. businesses may be one reason wages are growing by the sluggish annual rate of 2% even though the jobless rate has fallen sharply .
46.3% of private-sector employees now toil for companies with 500 or more workers, up from 44.2% a decade ago, and small businesses have seen their share of employment slip.
Employees are less able to demand higher wages, because, in effect, there is decreased competition for workers, the Journal says.
Courtesy : Wall Street Journal Research
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