Thoughts on why Colorado wages are stagnant despite falling unemployment

Colorado Public Radio ⸱ March 19, 2015

Colorado is faring better than the rest of the nation when it comes to the economic recovery. That's if you consider job growth a good indicator. Yet despite an unemployment level of 4.2 percent, the state's average wage has risen only slightly, according to federal labor data cited by Jennifer Oldham, Colorado correspondent for Bloomberg News. Colorado's unemployment is more than 1 percent lower than the national average.

In her article, If Economists Were Right, You Would Have a Raise by Now, she highlights the relationship between unemployment and wage growth in the recent recovery.

Oldham spoke to Colorado Matters host Ryan Warner about her report.