How Has Real Wage Growth in the Rocky Mountain Region Outpaced Other States?

Juan David Munoz Henao and David Rodziewicz
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Juan David Munoz Henao: https://www.kansascityfed.org/research-staff/juan-munoz-henao/

Rocky Mountain Economist, 2024

Abstract: Real wage growth in the United States has returned to positive territory on average, driven by growing economic activity, healthy labor markets, and subsiding inflationary pressures. Wage growth is above the current inflation rate, easing but not yet offsetting challenges from recent inflation shocks. Real wage growth is relatively higher in Rocky Mountain States due to the types of jobs being added.

Keywords: real wage growth; inflationary pressures; regional disparities; nominal wage growth (search for similar items in EconPapers)
Date: 2024
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