Payscale released their Q3 2018 PayScale Index yesterday. The aim of the research is to identify and track quarterly and annual compensation trends (as well as forecast the next quarter).
The most recent Q3 Index showed wage growth across the U.S. was generally flat. Currently, the U.S. economy is experiencing record corporate profits, low unemployment rates and a booming stock market—economic indicators which typically drive wages upward. In addition to stagnant nominal wage growth, real wages for Q3 were down 1.8% from Q3 2017 which means the average person can purchase even less than they could last year when wages are measured in relation to inflation.
