The current labor market is one of only two since 1979 with sustained wage pressures for low-wage workers| www.briefingbook.info
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.| NBER
Measure of the wage growth of individuals. It is constructed using microdata from the Current Population Survey (CPS), and is the median percent change in the hourly wage of individuals observed 12 months apart.| www.atlantafed.org