| Rural communities in America are facing “an increasingly difficult plight,” but are also where wages for low-skilled workers are starting to rise, says Atlanta Fed President Raphael Bostic. Rural employers are having relatively more difficulty filling positions and are having to raise wages to attract workers, Bostic said in a speech in Montgomery, Alabama. As a result, wages have increased in rural areas more rapidly in recent years, especially for less-skilled workers. While jobs requiring less education may be more plentiful in urban areas, the supply of labor has kept up with this demand. |
