• Unemployment in the US is historically low, but wage growth is sluggish - and no one seems to know exactly why

    11 days ago - By Business Insider

    Unemployment in the US has reached a record low, but wage growth is slow.
    Low productivity growth is the primary factor, but economists are puzzled as to how exactly the two are connected.
    Experts say raising wages for lower-end jobs could accelerate growth.
    This article is part of Business Insider's ongoing series on Better Capitalism .
    Ten years after the financial crisis, the US unemployment rate has dropped from the crisis peak of 10% to a historically low 3.9% - but overall wage growth is still sluggish.
    Comparing the last three years to the last similar period of sustained low...
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