May 3, 2019
The average hourly wage increased just 3.2 percent over the last year. The average for the last three months (February, March, and April) compared with the prior three (November, December, and January) increased at just a 3.0 percent annual rate, suggesting some slowing. By industry, the lower paying retail and restaurant sectors are the big gainers, with year-over-year rises of 4.7 percent and 4.1 percent, respectively. For more, check out the latest Jobs Byte.