Contact Us
Make My Homepage

Do You Deserve a Raise?

Alex Wong, Getty Images

Jobs are plentiful out in the workforce. Here in Sioux Falls, some business owners are spending advertising dollars to attract employees, rather than customers.

It wasn’t that long ago, that people were losing jobs all across the nation. That was when we were hit with the Great Recession in 2008.

Since that crisis ended, the economy continues to produce jobs, driving the unemployment rate way down.

The latest report shows employers adding 222,000 jobs nationally and the unemployment rate at 4.4 percent. But the negative thing is, pay rate lags.

Average hourly earnings rose 4 cents to $26.25, keeping annual gains at 2.5%. That’s well below the 3% to 3.5% average pay raises that have been typical in a healthy economy.

One thing that is causing this, is older, higher paid workers are retiring in droves. There are a large amount of Baby Boomers turning 65 every day.

The retiring workers are being replaced with younger, less experienced workers. Many even lack advanced education, thus are receiving lower pay.

A typical American in the 25-to-34 age range earned $34,800 in 2016, according to the Census Bureau.

Asking for a raise is never easy. But according to Forbes, there are some easy steps to follow. Be prepared and keep in mind that over half the people who ask for raises, get one.

See Also:

Subscribe to KDEZ-FM / Easy 100.1 on

Recommended for You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up to have exclusive Easy VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.