wages

So after the post yesterday and some of the discussion today I realized I could smooth out the picture a bit more. I kind of kicked myself for breaking one of the main bits of guidance I give to my forecasting students. So I take a look at the quarterly data from last time, but this time we look at the percentage change from a year ago levels, thereby controlling for seasonal factors.

Continue reading Another Look at ND Wage data
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Numerous callers over the past few weeks mentioned that age increases are not really keeping pace with inflation. This is something mentioned significantly at the national level too. As a result I used the CPI to adjust the wage data from the post last (found here) week about wage comparisons to get a sense of the curve shapes after the adjustment. I put them all in terms of 200Q4 level. The adjustment is the same for the different regions so there is not added value in the comparison of the different regions really, it is more the comparison of the nominal and real values.

Continue reading ND wage comparisons adjusted for inflation

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