IncSmart District of Columbia (Small Business and Startups) -
District of Columbia Pay Gains New Record. Pay gains in President Trumps first year is the best since the Great Depression. The Employment Cost Index measured a 2.6 for the entire year, and 2018 is looking better. Employees looking for more money in their paychecks are fairing well under Trump. After years of pay stagnation, employees are finally seeing their paychecks get an increase. The economy has jobs and wages moving higher in August.
The Labor Department is showing significant hike in wages in 2018. Economists are also forecasting that companies will need to raise wages to get the employees they want. This is tighten the job market. Employers are already finding it more difficult to find the employees with the skills they need to fill positions. This is the tightest labor market in 50 years.
By IncSmart Staff Writer
Starting a Business in Washington DC
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form DC Corporations and DC Limited Liability Companies. When you call, email, instant message or live chat with our office, expect personal attention. We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place.
We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place. Think Smart. Think IncSmart.
Think Smart. Think IncSmart.