What Are Wage Gains

Topic 

What Are Wage Gains

Instructions 

  • All students are required to read ONE article on economic development or international trade and complete a one-page briefing form.  The forms are available in Blackboard. Please complete the briefing form and submit it through the Assignment Folder

Answer Preview 

 

Over the years, the measure of the average wage data has been a problem. This is a result of unreliable data both from the companies and the workers. For example, the report released in January showed the average earnings per hour had increased by 2.9% but the later report showed that the growth was actually becoming weaker compared to the previous years. The release of mixed-up data has made it hard to determine exactly how the wages are run. It has become hard to determine whether the wages are growing drastically, decreasing, or are static.

 

 

Word Count: 600