How Higher Wages For U.S. Autoworkers Could Help You Get a Raise, Too

Pay pressures are starting to build
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An assembly worker installs engine parts on Ford Escape sports utility vehicles at the Ford Motor Co. Louisville Assembly Plant in Louisville, Kentucky, on April 28.

Photographer: Luke Sharrett/Bloomberg

Cars are flying off U.S. dealer lots at the fastest pace since 2005, and after a decade of flat wages, the workers who make them are getting a raise, too. If such gains precede broader pay bumps in the labor market, Federal Reserve policy makers could have more evidence that the wage pressure they so desperately want to see is starting to build.

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