Summer Hiring is Raising Wages Before Election

Almost half of hourly-wage employers will “offer the maximum hourly wage they feel their business can afford” this summer, up from just one-third of employers in 2017, says a survey of 1,000 employers by Snag, a job-advertising firm.

Snag reported:

With record low unemployment at 3.9 percent, employers are vying to stay competitive with more employers willing to offer the maximum hourly wage they feel their business can afford (46 percent in 2018 versus 31 percent in 2017) rather than the minimum required by law (12 percent in 2018 versus 18 percent in 2017).

The pressure is also pushing three out of four employers to offer wages of $11 or more:

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