Professor Mark J. Perry's Blog for Economics and Finance
From a report today from the Bureau of Labor Statistics, hourly compensation (including wages and benefits) for US workers increased by 4.4% on average over the last year in nominal terms, and 1.1% in real, inflation-adjusted terms.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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