Question: Could rising wages be coming to San Diego?
Bob Rauch, R.A. Rauch & Associates
NO: It is likely that the jobless rate is at or near the bottom. Wages have been increasing from minimum wage on up through the ranks over the past eight years. According to Moody’s Analytics, San Diego is at risk for having increased unemployment rates between now and 2023, more than most other major U.S. markets. This is based on their algorithm that includes gross metro product, housing, population growth, employment and personal income growth.
For the full article by Contact Reporter, Phillip Molnar, click here.