American workers are now seeing a fatter pay cheque this year after years of wage stagnation. However the job growth is slower and it is something finance analysts are looking at for the year ahead.
In a recent report, 2016 looks like it's going to be a positive economic year where the United States sees a much more robust payroll as currently the wage increase is now faster compared since the recession.
Reports have indicated that the government has released data which shows that the average earnings for Americans has risen by 12 cents since January which makes it a big jump, calculating at 2.9% increased annual rate.
This looks to be a good start of the year for American workers but the question that market and finance analysts are looking at is - will it be stable?
While the market continues to try in sustaining this, it is still not yet known if it will be able to hold or increase. It may well be just another blip in the nation's trying economic recovery.
In the fourth quarter of 2015, there were more jobs to fill because of the holidays but job growth have slowed in January of this year. The number is now at 151,000 filled. It is still a positive number - it's not below the number which signals that the economy is not doing so well. Analysts have viewed the number as less than expected.
"This is very consistent with a recovery that's moving in the right direction. We're getting close to the summit of the mountain, but we're not yet there," says Labor Secretary Thomas Perez in an interview. Which means investors are still experiencing anxiety because of the slow job growth versus higher wages plus the issue on rising inequality in wealth and income.
