Friday's jobs numbers showed that wages grew healthily in the month of May. But that particular bright spot in a positive jobs report is just part of a broader trend in wages ticking slightly upward over the past year. And there's reason to think the trend could continue.
There are other signs that the U.S. is seeing broader wage growth. Last week, BLS released data showing that real average hourly earnings had increased by 2.3 percent between April 2014 and April 2015.
Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities, told National Journal that a look at annualized growth for the past three months shows that wages had grown 2.9 percent. There's a lot to be optimistic about there, but Bernstein urged caution.
"We'll have to see if that's a new trend or if it's just monthly noise," Bernstein said.
So why is there a wage uptick to begin with? The employment gains of the past few months may help explain it. The economy added 280,000 jobs in May, which was welcome news after somewhat slower job growth in April— the latest jobs report showed had added 221,000 jobs to the economy, down from the initial reports of 223,000—and March's numbers of 85,000.