David Harrison
speaker
171 appearances
4 recordings
1 series
first heard Mar 2018
last heard Jan 2022
David Harrison’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
WSJ Your Money Briefing · Employees Get Cost-of-Living Increases to Fight Inflation · 5 Jan 2022
podcast
But so far, economists say there hasn't been much evidence that that's taking place.
It's mostly something that we see with union contracts.
You're really much more likely to see it for workers who are in unions.
And then, as we said, in these cases for these minimum wage workers in those states that have tied their minimum wage to inflation.
For the vast majority of American workers who don't belong to unions, we don't see that many COLAs for them.
For them, you're more likely to see a standard sort of wage increase.
Social Security has a cost of living adjustment.
So, you know, if retirees, the checks that retirees get kind of goes up with inflation.
And there was, you know, several years there where inflation was very low.
And so Social Security checks didn't go up very much on a year-to-year basis.
That's likely to change now as inflation rises.
We're probably going to see sort of bigger bumps in benefits to retirees who get Social Security.
Everybody from sort of the lower paid workers to the higher paid workers to those kind of in the midpoint, all those people should see salary increases next year.
Sure thing.
so david this new report from the think tank the conference group it shows that companies plan to set aside an average of 3.9 percent of their total payroll for raises next year that's the most since 2008. why are they doing this they're doing it because um frankly they're just uh they're struggling to find enough labor their employees say there's a really tight labor shortage out there and um some of the government data uh suggests you know bears that out um i think in september
there were about 2.8 million more job openings than there were unemployed workers.
So that's, you know, when you have more job openings than workers, clearly you're going to have a shortage of workers, and as a result, you're going to see higher wages.
I think it should be pretty much across the board.
One of the conclusions of the survey that I thought was quite interesting is that companies are raising their entire wage ranges.
So that means that everybody from the lower paid workers to the higher paid workers to those kind of in the midpoint
Showing 41–60 of 171 · page 3 of 9
← Previous
Next →