Stick this in the mix on the labour market - Nike to raise pay - ConsultFX

Stick this in the mix on the labour market - Nike to raise pay

Is this a sign of wage pressures rising? I guess it is at the margin, but do read on - Nike will raise salaries for 7400 employees around the globe - accounts for about 10% of the firms workforce If this is a sign of wage pressures I'd say the pressures are pretty light.