For most US workers, real wages have barely budged in decades
from Pew Research Center
On the face of it, these should be heady times for American workers. U.S. unemployment is as low as it’s been in nearly two decades (3.9 percent as of July) and the nation’s private-sector employers have been adding jobs for 101 straight months – 19.5 million since the Great Recession-related cuts finally abated in early 2010, and 1.5 million just since the beginning of the year. But despite the strong labor market, wage growth has lagged economists’ expectations.
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