Who says no one is getting a raise?
One of the pervasive narratives in recent years is that wage growth has been weak. Average hourly earnings increased only slightly in the years after the recession ended in 2009, before picking up modestly in 2015, according to federal Department of Labor data.
But government data provides an overview of the earnings of all workers. It doesn’t drill down to wages earned — and raises given — to individual employees. So it can be skewed when younger workers replace their retiring older peers, who typically command higher salaries, for instance.
