How much do movers move average wage growth?
Data from the Current Population Survey, a household survey used to compute the unemployment rate, do not include individuals who change residences. If it could include movers, our previous estimate of 2018 average individual wage growth would increase from 5.0 percent to 5.5 percent or higher.
March 26, 2019
Is Wage Growth Higher than We Think?
There is always widespread interest in the degree to which the U.S. labor market generates higher pay for workers. A standard measure of wage growth suggests that this expansion is not improving the standard of living of workers, but our analysis reveals that actual wage growth is understated.
February 26, 2019
Not everything Is bigger in Texas: The varied fortunes of four smaller metros
While Texas’ major metropolitan areas power the bulk of the state’s commercial activity, some smaller metros have worked to establish their place as part of the state’s economic mosaic.
February 21, 2019
Changes in labor force participation help explain recent job gains
The U.S. labor force participation rate declined following the Great Recession to a low of 62.3 percent in 2015.
February 19, 2019