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Employers Try to Hold Line on Wages, With Mixed Success
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There is a tug of war between employers and workers over wage increases, and the outcome is critical for the inflation outlook.
Average wage growth had, by some measures, begun to cool since the summer. But Friday’s November jobs report showed annual growth in hourly earnings accelerating to 5.1% from 4.9% in October.
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Employers Try to Hold Line on Wages, With Mixed Success wsj.com /2 years ago
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