The labor market has healed considerably since the Great Recession but it?s still hurting. The unemployment rate was 6.2% in July, more than a point lower than a year ago, and the economy added 209,000 new jobs last month, capping off the strongest six months of payroll gains since 2006. Yet 9.7 million Americans are still out of work and last month, wages didn?t rise at all. In fact wages were only 2% higher in July than they were a year ago. Given that lackluster picture, if you are one of the lucky people who is in the process of landing a new job, it?s helpful to know how to negotiate for the best possible salary.
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