6 in 10 Americans report no salary increase in 2018

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Thursday, December 13, 2018

CNN -- Despite a strong economy and a hot labor market, six in ten working Americans say they saw no salary increase in 2018.

That's according to a new survey from bankrate.com.

The survey indicates the percentage of U.S. workers not seeing a pay boost is up ten points from 2017 when 52% reported no salary increase.

Even so, only a quarter of employed Americans said they will look for better-paying jobs in the New Year.

Lower-income households and older baby-boomers were the least likely group to see a pay increase or get a better-paying job in 2018.

Regardless of the pay data, the survey indicates 91% of working Americans have the same or greater confidence in the job market than a year ago.