Labor & Economic News Blog
Thursday, March 19, 2015
Job gains continue, so why are wages stubbornly stagnant?
Job gains continue, so why are wages stubbornly stagnant?
February’s labor report came in with stronger growth than expected, with 295,000 jobs added last month and the lowest unemployment rate since the 2008 financial crisis. But wage growth continues to lag, with hourly earning rising just one tenth of a percent. Secretary of Labor Thomas Perez analyzes the numbers with Judy Woodruf
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