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pay raises


Average hourly earnings cruised to more than 3% higher than a year earlier for the ninth month in April, extending to low-wage workers a decade after the latest downturn began. That’s still less than in the last expansion, during the 90s, when nonsupervisory wages rose at above 4%, and has taken longer to kick in. One possible reason: headline unemployment is based on a narrower measurer today — those actively seeking work — suggesting that the labor market is tighter than it really is. Here’s what people are saying.

taken off linked in today


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