https://www.breitbart.com/politics/...-getting-big-wage-gains-says-business-center/
The Wall Street Journal
reported:
American workers under 35 report being happier with their paychecks than people over 55 for the first time since at least 2011, according to a new report from the Conference Board, a business-research organization that polls U.S. employees about workplace satisfaction.
Overall, the share of workers satisfied with their paychecks rose to 46.4% in 2018, from 43% in 2017, an increase that mirrors federal data showing that wage growth accelerated in 2018. The biggest leap came from millennials and Generation Z, whose enthusiasm for their compensation shot from 36% in 2017 to nearly 46% a year later.
Overall, median weekly earnings rose 5% from the fourth quarter of 2017 to the same quarter in 2018, according to the Bureau of Labor Statistics. For workers between the ages of 25 and 34, that increase was 7.6%.
The trend has continued throughout 2019, suggesting that younger workers will walk into the 2020 voting booths carrying much fatter wallets.
But Trump’s economy has a long way to go before it can reach prior levels of optimism, the Wall Street Journal said:
Nearly 54% of U.S. workers said they were satisfied with their jobs in 2018, the highest share reported in more than two decades.
…
Despite the mostly good news for workers and their employers, the 2018 data look less rosy in historical context. In 1987, the first year of the survey, job satisfaction hovered above 61%. Since then, the quality of Americans’ work lives has been eroded by a fraying sense of loyalty between employees and employers, the decline of workers’ bargaining power through unions, and the rise of outsourcing, among other factors, Mr. Levanon said.
In part, wages are being driven up because Trump’s “Hire American” promise is preventing investors from importing all of the cheap labor they want. Also, Trump’s growing economy is forcing investors and CEOs to compete for American workers and to invest in labor-boosting machines, such as robots.