Fresh signs of labour market tightness in the US

Fuller Treacy Money

News that discount fashion retailer Ross Stores has joined Wal-Mart, T.J.Maxx and Target in raising their starting wage to $9 suggests that companies are seeing tightness in the labour market. This is follows the decision this week that Los Angeles will be raising its minimum wage to one of the highest in the world by 2020. The Fed will be watching these developments closely not least because these are such large employers.


Fuller Treacy Money
Fuller Treacy Money

Fuller Treacy Money is one of the world's most highly regarded research services covering global strategy and investment trends. Produced by Global Strategists David Fuller and Eoin Treacy, Fuller Treacy Money analyses the major markets - stocks,...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment
Elf Footer