Employment Trends

Are Increases in Hourly Wages a Bad Thing?

With the colder than normal winter finally coming to a close, the summer hiring cycle has begun and for many employers this is the moment they have been dreading. The release of the May jobs report saw a moderate increase in the average hourly earning of .3% from last month with an increase of 2.3% from last year. This means higher payroll costs for many employers. However, these higher costs may not necessarily be a bad indicator of things to come. In fact, they may be good. An increase in... Read More