The U.S. labor market demonstrated its improvement in the first quarter of 2016 with faster wage growth, according to the latest quarterly report by the ADP Research Institute in Roseland, N.J., an affiliate of payroll services firm ADP.
Rising wage growth was evident in almost all industries and in all age groups among full-time workers, as employers appear to be reacting to a tightening labor market by boosting wages to retain talent, according to the ADP Workforce Vitality Report, released in April.
