Wage growth is expected to pick up next year to a rate of 4.2%, while job growth will continue to slow, according to a quarterly economics briefing from the National Council on Compensation Insurance.
The wage growth expected for 2017 would be the fastest rate of wage increase since the Great Recession, according to the report released last week. This year is on track for 2.2% increase in wage growth.
Employment growth hit a post-recession high in 2015 and has since slowed.
States in the West and South are expected to show stronger employment and wage growth, NCCI said, while slower growth ...
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