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Average hourly earnings keep growing

Wage growth since the Great Recession has remained fairly low, hovering around just 2%. This is most likely not high enough to support the Fed's stated inflation target of 2% year-over-year. Over the past few months, wages have grown at a somewhat faster rate than this, reaching a post-crisis high of 2.6% in June. According to the September jobs report, average hourly earnings matched that rate and bounced back from a disappointing August number, rising by 2.
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