CNN Money: American workers finally getting a raise
By Paul R. La Monica
CNN Money, July 12, 2016
Sluggish wage growth has been one of the biggest problems for the U.S. economy during this slow recovery. Yes, fewer people are out of work. But their salaries were stagnant.
This week's announcements by Starbucks (SBUX) and JPMorgan Chase are another sign that the U.S. economy is still relatively strong, even if growth remains a bit lower than many would like. But JPMorgan Chase (JPM) CEO Jamie Dimon, writing about the company's decision to raise its minimum wage for 18,000 workers in an op-ed for The New York Times Tuesday, said... "A pay increase is the...