It turns out, the fears were overblown. In the midst of the budget fight late last year, employers kept hiring.And Friday's jobs report showed that average hourly wages â¿¿ up 4 cents to $23.78 in January â¿¿ were staying ahead of inflation. They had generally failed to keep up with prices since the recession ended in June 2009.
US Gains 157K Jobs, Jobless Rate Rises To 7.9 Pct.
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