US wages growth is coming

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Via a US reader today:

As an American I don’t like everything he [Trump] says or the way he acts on twitter but the guy didnt become a billionaire by being an idiot. What cracks me up is reading people and the media comments that he is an idiot. He wasnt going to get the nomination or become President. I was one of them that doubted it too. I live over here in the US and have a recruiting company and let me tell you its booming. I got companies calling me everywhere looking for people not just professional jobs either. You can keep reading ABC, CNN, NBC, CBS, Wall Street Journal etc and believe all that garbage you want but things are booming over here. Wages are definitely going up there are more jobs than people in alot of sectors. I see it every week when I lose people because they got a higher offers elsewhere. Right now companies are spending tons of money on how to retain their people been to all kinds of HR conferences over here. The biggest thing I hear is HR people offering more money to there workers so they don’t lose them.

And via Westpac:

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.