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Employee Wages Continued to Rise for Companies, Transport Jobs

Employee Wages Continued to Rise for Companies, Transport Jobs

U.S. wages proceed to rise at a brisk tempo in November, notably in sectors with probably the most acute labor shortages, Friday’s jobs report confirmed.

Common hourly earnings had been 4.8% larger in November in contrast with a 12 months in the past for all non-public industries, the Labor Division stated in its November employment report that additionally confirmed payrolls rising by 210,000 and the unemployment fee dropping to 4.2%.

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