wages | AEIdeas

Wednesday, May 22, 2013

Why male CEOs get stingy on worker pay after having a kid

James Pethokoukis | January 4, 2013, 1:13 pm

If your company has a male CEO and he just had a kid — especially a boy — you may not be getting a raise anytime soon. From the new paper, “Fatherhood and Managerial Style: How a Male CEO’s Children Affect the … read more >

Pethokoukis

Doing fine: ‘Wage growth is the slowest on record’

James Pethokoukis | August 3, 2012, 12:54 pm

A big reason why no one should be happy with the July jobs report. JPMorgan: The workweek was unchanged at 34.5 hours and average hourly earnings inched forward 0.1%. On a year-ago basis, average hourly earnings growth is the slowest … read more >

Carpe Diem

We can’t have a wage-price inflation spiral if wages refuse to spiral

Mark J. Perry | July 21, 2012, 2:32 pm

The graph above shows two monthly series back to 1965 (data here): a) annual wage increases in the BLS series “Average Hourly Earnings of Production and Nonsupervisory Employees: Total Private” (red line), and b) annual inflation calculated from the Consumer … read more >

Economics

Here’s why it feels like the Great Recession never ended

James Pethokoukis | June 6, 2012, 10:07 am

The above chart from Action Economics shows three different measures of compensation: average hourly earnings, the employment cost index for wages and salaries, and hourly compensation. They are all either moribund or falling. Sure, the economy is doing better than … read more >

Politics and Public Opinion

If Obama loses in November, it’ll probably be because of this chart

James Pethokoukis | April 6, 2012, 10:58 am

While most of the economic focus today is on March’s tepid job growth and the unemployment rate, incomes may well play a bigger political role than jobs in 2012. And the numbers today didn’t look too hot. Wages are going … read more >

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