One group is hurting wage growth in some of the world's biggest economies

REUTERS/Thomas Peter Wage growth has been stagnating in Europe and Japan recently. And, notably, an underlying demographic issue seems to be contributing to that slowdown in both economies: the rising number of older workers. Theoretically speaking, a tighter labor market should lead to more wage growth since in that situation workers have more employment options. So if firms want to keep quality workers, they're going to have to offer more competitive wages. However, neither Europe nor Japan h...