March 6, 2015

STUCK?:

February Jobs Report: Wage Growth Is Stuck Around 2% (JEFFREY SPARSHOTT, 3/06/15, WSJ)
 

Average hourly earnings in February rose by a meager 3 cents to $24.78, the Labor Department said Friday. That's up only 2% over the past year, well below the more typical 3% pace seen before the recession.

That dangerously outpaces deflation.

Posted by at March 6, 2015 2:07 PM
  

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