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Rising Wages

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Economists have been debating one of the economy’s central mysteries for months – with unemployment rates so low, why are wages rising barely faster than the pace of inflation.  As workers become more difficult to recruit, the notion is that compensation should be bid higher, but that isn’t happening at the pace one might expect... 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.