If the labor market is so tight, where is my big raise?
I’m getting a COLA raise that gets negated and then some with medical insurance going up.
That's the key question for the group.
From what I can see no small part of it is the fact that even those meager raises that everyone's been getting have not been matched by similar increases in work being done. Like, back about 15 years ago everyone saw 4% annual raises because the work being done was also increasing the same amount. Big change now. For the past half dozen years workers' wages have only been going up a couple % while productivity's been crawling at less than even one percent.
imho this is why we got a tight labor market w/ no big raises.
