More Than A Retail Apocalypse > 3 Must-See Charts

Why Is U.S. Wage Growth So Low?

It's All About the Top 80%

By Matthew Boesler        

@boes_More stories by Matthew Boesler

‎November‎ ‎9‎, ‎2017‎ ‎5‎:‎00‎ ‎AM

It's more than "early-bird" news > https://www.bloomberg.com/news

 

A Fantastic Piece of Reporting: Comparing wage growth in 2017 to 10 years ago, when pay was rising at the fastest rate of the previous expansion, shows a tale of two labor markets -- or maybe five. . .highest rise in earnings? Armored security guards 

1. Rising at the Bottom

2. Stalled Gains

3. Moving Sideways

4. Higher, Slower

5. More Pay, Less Growth

__________________________________________________________________________________

America’s ‘Retail Apocalypse’ Is Really Just Beginning

By Matt TownsendMatt Townsend, Jenny SuraneJenny Surane, Emma OrrEmma Orr and Christopher CannonChristopher Cannon

November 8, 2017

"The industry’s response to that kind of doomsday description has included blaming the media for hyping the troubles of a few well-known chains as proof of a systemic meltdown. There is some truth to that. In the U.S., retailers announced more than 3,000 store openings in the first three quarters of this year.

But chains also said 6,800 would close. And this comes when there’s sky-high consumer confidence, unemployment is historically low and the U.S. economy keeps growing. Those are normally all ingredients for a retail boom, yet more chains are filing for bankruptcy and rated distressed than during the financial crisis. That’s caused an increase in the number of delinquent loan payments by malls and shopping centers. . . "

Link to original source > https://www.bloomberg.com/graphics/2017-retail-debt/