The weak job market is limiting pay. With so many applicants to choose from, employers need not compete for workers by boosting salaries.Hourly wages increased 2.1 percent last year, barely enough to keep up with inflation. Median household incomes fell 4.8 percent between June 2009 and June 2012, after adjusting for inflation, according to a report by Sentier Research, which crunches census and other government data.
For Many, Rally Into Dow Record Feels Empty
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