We can argue about efficacies of wall building in curtailing illegal immigration another time, but the numbers don’t lie: Friday’s employment report showed continued jobs gains and, lo and behold, a continued increase in wages. And not for hedge-fund managers, the report showed, but in those industries that employ the vast working class, such as health care, what’s known as leisure and hospitality and, of course, construction.
For years wages and benefits have remained stagnant on the low end despite all efforts by progressives from former President Barack Obama and various elected officials to increase the minimum wage and force employers to offer workers additional perks.
Now that’s changing. Wages and benefits are rising as businesses scramble to find workers in construction, health care and other industries. Government-induced minimum-wage standards and benefits often force employers to cut their payrolls to make a profit. But that’s not what’s happening now. Businesses are growing because of the Trump administration is cutting regulations, and taxes and the labor pool on the low end.
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