Pay raises have been paltry since 2001. Since 2001, wage growth has been muted because productivity has been so strong.
With fewer job cuts last month and virtually no let-up of demand for skilled workers across all industries, one would expect far more wage pressure than has been seen,
Companies, through their downsizing, continue to take the steam out of the wage inflation engine by cutting people when the pressure gets too high,
The average search time for executives earning over $100,000 is about a month longer than other wage earners in the same community.