Wages for nonsupervisory employees — who make up 82% of the workforce — are rising at the fastest rate in more than a decade, The Wall Street Journal reports.
Workers at the bottom of the pay scale have been feeling positive effects on their wages at the end of 2019 — especially when compared to those at the top.
Pay rates the bottom 25% of wage earners rose 4.5% in November from a year earlier, while wages for the top 25% of earners rose only 2.9%, per data from the Federal Reserve Bank of Atlanta.
