Chart of the Week: An Answer to the U.S. Wage Puzzle
By Yasser Abdih
July 10, 2018
Hiring is strong, but workers still aren’t seeing big raises (photo: Kutay Tanir/Getty Images by iStock).
Wages in the US have grown slowly in recent years, even as the unemployment rate has fallen to the lowest levels in decades. […]
Three German Economic Challenges with European Effect
January 17, 2018
Berlin, Germany: The bright economic outlook offers a chance for policymakers to address the country’s economic challenges (photo: iStock/Andrey Danilovich).
The economic outlook for Germany is bright. Optimism among investors abounds, and unemployment is at a record low. Policymakers now have a unique opportunity to address the challenges facing the German economy. These are varied but include boosting wages, investing in infrastructure, and reducing the large trade surplus. As the largest economy of the euro area, Germany also has a stake in fostering reforms in the monetary union. Successfully rising to these challenges is critical for Germany and for the euro area as a whole.