So Much For That… Real Wage Growth Slumps To Lowest In 30 Months
by Tyler Durden
ZeroHedge.com
Dec 15, 2016
Remember when everyone was excited about wage growth re-appearing and escape velocity, and textbook wage inflation appearing thanks to tight labor markets… well that’s all gone! Average weekly earnings grew at just 0.5% YoY in November – the slowest pace of wage growth since July 2014.
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