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July 15, 2025

Gaming the odds of a pay raise in 2025? Flip a coin.

It’s a simple, but common, question for anyone with a job. Will I get a raise this year? Last week, we talked about the pandemic’s long-lasting effect on pay growth. Today, I’ll compare the current state of the labor market to where it was during the first half of 2019, the year before the pandemic began and the last year of the U.S. economy’s 10-year expansion.
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January 11, 2021

MainStreet Macro: What Next for 2021 Jobs Recovery

by Nela Richardson, Ph.D.

Welcome to the MainStreet Macro Blog, a weekly dispatch that will dissect and explain the macroeconomic trends that affect the business community, its workers, and the consumers it serves.
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