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Wages still flat despite US economic boom
Although official unemployment rate has fallen to the lowest level in six years, labour market is not as tight as it suggests
Add BT as a preferred sourcePublished Wed, Jan 7, 2015 · 09:50 PM
Washington
IT is one of the contradictions of the US economic boom: the unemployment rate has fallen to the lowest level in six years, but workers' wages have remained almost flat.
The anomaly is troubling enough that it has sparked questions about whether the economy's rebound from the 2008-2009 recession is all that strong.
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