The State of Working Pennsylvania is the Keystone Research Center's annual Labor Day report on how working Pennsylvanians are faring in today’s economy. The latest report finds that since 2010 job growth in the commonwealth has slowed, wages have fallen across the board, and the number of poverty-wage jobs in the commonwealth has jumped by 11%. Pennsylvania added nearly as many jobs in the first full year following the Great Recession (2010) as it has in the two and a half years since.
There are immediate offsetting economic benefits for an employer like McDonalds taking a high road approach on wages. Experience shows that employers get back a substantial portion of a wage increase in the form of higher worker productivity and savings from lower staff turnover.
In the years since 2010, public policy has reversed course as both federal and Pennsylvania policymakers have taken steps that have weakened job growth and slowed the pace of the decline in unemployment.