IMF paper examines factors affecting US wage growth

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IMF paper notes the effects changes in the US labour market are having on wage growth

Structural changes in the US market are affecting wage growth, a working paper published by the International Monetary Fund finds.

In What's Up with US Wage Growth and Job Mobility?, Stephan Danninger explores factors contributing to low average hourly wage growth in the US. Danninger finds there are signs the labour market is changing "more fundamentally" than in the past. He notes the wage-growth Phillips curve appears to have "flattened".

"Declines of unemployment rates at the state level

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