Wages for employees of private firms in the Bay Area were up an average of 3.2 percent between December 2018 and December 2019, U.S. labor officials said this week.
Total compensation which includes benefits rose 2.6 percent over the same period.
Nationwide, wages for workers at private firms were up 3 percent in the December to December period and total compensation was up 2.7 percent.
Since 2015, Bay Area employers have paid their employees 2.8 percent more each year on average.
Donald Trump the greatest President in history. Thanks!
And impeached by the house.
and acquitted by the senate
and re-elected by the citizens.
Ivanka for President 2024!
Nationally inflation was about 2.6% so we are just barely keeping up.
I lost my job last year.
Time to get a better one this year.
Not where I work. I wish my private employer had regular increases. We’ve pretty much been frozen since 2015.
Can they determine how this increase is spread among workers across the salary spectrum? Are all workers benefitting equally, or are some benefitting more than others?
Of course it’s absolutely equal! Every worker in the Bay Area got a $322 per week increase,
. . . or maybe not.
How much of this is just the minimum wage going up? We need more detailed accounting not just “officials” saying so. 😉
Great Job Mr. President
And Trump is talking about taking Social Security away from you.
The government has been spending our Social Security money on other stuff since long before Trump was President.
You are correct, now add taxes to inflation and your bucket has a larger hole in it. Currently, the 10 year treasury is 1.77%. To get right side up, your investments have to beat th banks. That means taking some risk.
TRUMP 2020
Came here to say what Fred said, we aren’t even keeping up with gas and healthcare prices.
Gas fluctuates but health care is skyrocketing. A failed campaign promise from zTrump to lower it.
And Trump’s takeaways in his proposed budget to Medicare and Social Security, which we paid for in taxes, you really be going negative.
Nobody is willing to take in the Massive corruption in healthcare.
I’ll start with one aspect (there’s many), Billing.
The ridiculous and bloated charges from healthcare agencies to medical insurance has gotten Out of hand.