In May, wages for workers grew as employers struggled to hire. It seemed to show that businesses were embracing a simple strategy for luring workers back: Paying them more.
Wages rose across the board for workers, increasing by $0.15 to average hourly earnings of $30.33. As Insider previously reported, the wage gains made up the fastest rate in wage growth since 1983 (excluding a 2020 peak at the onset of the pandemic).
