Recent wage increases have set a record dating back over twenty years. The ability of workers to demand higher pay is apparent with the increases. Companies in the US are desperate to fill the record number of job openings. Wages increased 1.5 percent in the third quarter of 2021, according to the US Labor Department. That is a sharp increase from 0.9 percent in the second quarter. Workers now have the upper hand in the labor market for the first time in over 20 years, and they are asking for higher pay, additional benefits, and other perks such as flexible work hours. With not enough workers to fill the available jobs in the USA, businesses have been challenged with working hard to lure skilled workers. There are many opportunities available for you and your family in the United States. Contact USAFIS to begin the immigration process.
Wages increased 1.5 percent in the third quarter of 2021.
US Labor Department Tweet
In recent months, annual wages have been keeping up with higher inflation. While inflation has gone up 1.2 percent in the third quarter, wages and salaries have increased 1.5 percent. Wages are increasing at a faster pace than when the recovery happened from the Great Recession of 2008, when salaries continued slowing up to a year after the downturn stopped. Governmental policy response has helped with the trend. USAFIS understands the challenges that come with applying for a visa to live and work in the US. Contact their team to understand your options for a visa that is right for your situation. You could be living your dream in no time!