Heather Long(@byHeatherLong):Important chart from @EconBerger Healthcare costs are soaring again for employers (and frankly for most Americans). Take a look at the green line on the chart. A key reason employers aren't eager to boost wages right now is b/c they are paying a lot more toward healthcare costs. "Wage growth is being outpaced by benefit cost growth. And a major recent driver for benefit cost growth is employer health insurance contributions: they’re growing at 6.4% Y/Y, matching the fastest pace in two decades."

2026.10.30 14:59

Important chart from @EconBerger Healthcare costs are soaring again for employers (and frankly for most Americans). Take a look at the green line on the chart. A key reason employers aren't eager to boost wages right now is b/c they are paying a lot more toward healthcare costs. "Wage growth is being outpaced by benefit cost growth. And a major recent driver for benefit cost growth is employer health insurance contributions: they’re growing at 6.4% Y/Y, matching the fastest pace in two decades." - Economist Guy Berger