unemployment low, wages are supposed to rise

total compensation

Related: 8 things Americans would give up for a raise right on track trough a possibility piling up blog post noncompete unions more popular have noted

more stagnant

have soared a relationship least productive slowing worldwide
Noah Smith is a Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Copyright 2018 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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