With the national unemployment rate remaining below 5 percent, many wonder if pay rates will increase as businesses begin competing for available skilled workers. According to Marcia Miceli, Professor of Management at Georgetown University’s McDonough School of Business, the answer depends on a variety of factors.
Read the discussion here: http://thehill.com/blogs/pundits-blog/economy-budget/319523-falling-unemployment-leads-to-rising-wages-right-not-so