U.S. Garment Workers Get Wage Raises
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Title : U.S. Garment Workers Get Wage Raises
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Title : U.S. Garment Workers Get Wage Raises
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news-today.world | American garment workers are reaping the benefits of President Trump’s economic nationalism which seeks to tighten the labor market to increase U.S. wages.
As Breitbart News reported, average hourly wages jumped 2.9 percent compared to last January, much higher than originally expected, while the unemployment rate dropped to an 18-year low at about 4.1 percent.
For the roughly 116,000 U.S. garment workers and clothing manufacturers, Trump’s economic nationalism has translated to wage growth of about 14 percent on average.
Economists and analysts told CNN that the wage increases for garment workers were likely due to businesses having to raise wages in order to retain workers in the industry as immigration enforcement is much stricter under Trump.
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As Breitbart News reported, average hourly wages jumped 2.9 percent compared to last January, much higher than originally expected, while the unemployment rate dropped to an 18-year low at about 4.1 percent.
For the roughly 116,000 U.S. garment workers and clothing manufacturers, Trump’s economic nationalism has translated to wage growth of about 14 percent on average.
Economists and analysts told CNN that the wage increases for garment workers were likely due to businesses having to raise wages in order to retain workers in the industry as immigration enforcement is much stricter under Trump.
More
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You are now reading the article U.S. Garment Workers Get Wage Raises With link address https://newstoday-ok.blogspot.com/2018/02/us-garment-workers-get-wage-raises.html