Recent labor market sentiments have frequently mirrored observers’ opinions of the U.S. economy as a whole. Every good report seems to come with a caveat:
We are in the midst of a stretch of job growth not seen since the 1930s, according to federal data. Yet millions of people remain out of work.
The nation’s gross domestic product has rebounded strongly since a poor first quarter of 2014. Yet despite the resulting profit gains, employers generally aren’t raising wages and many Americans are still struggling to get ahead.
Economists and other labor market observers report that employers...