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As job growth increased in August, wage growth fell

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The Bureau of Labor Statistics’s (BLS) August jobs report delivered an unexpectedly positive signal for the job market, as employers reported far higher than expected job gains of 162,000, and labor force participation rose after falling for eight months straight. While August’s jobs data was largely positive, there was one area that wasn’t so bright for wor

kers: wages.In-waged. Average hourly earnings in August rose just 3.1% over the prior 12 months to $37.75, the

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