1 result for tag: Minimum Wage Rise


Good News, America, Your Paycheck Should Grow This Year

By Gabrielle Olya February 24, 2020 If you’re hoping to make more money in 2020, your dream could become a reality. According to a January 2020 analysis by Goldman Sachs, wage growth is continuing to accelerate this year, with earnings expected to grow by 3.5% by the end of the year, CNBC reported. That could serve as a nice boost to your current paycheck. But the rise in wages isn’t due to employers becoming more generous. Rather, it’s the result of several factors of the current economic climate. 1. The Unemployment Rate Is Expected To Decrease Goldman Sachs predicts that the unemployment rate will drop from its current rate of 3.5% ...