Now Is the Time to Ask for That Raise

Wages for employees as a whole are rising faster than at any time since the Great Recession—especially for women.

A job fair sign during the Choice Career Fair in San Antonio.

Photographer: Matthew Busch/Bloomberg
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It might be time to ask your boss for a raise—that is, if you haven’t gotten one already.

According to new data from the Federal Reserve Bank of Atlanta, most categories of workers are seeing wage growth hit post-financial-crisis highs. In fact, Bespoke Investment Group points out that the 3.9 percent year-over-year growth expected for full-time employees is faster than at almost any other point in U.S. history.