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Lowest-Paid Americans Lead Wage Gains as Job Market Tightens

Bloomberg (07/01/15) Steve Matthews

The biggest wage gains following the 18-month recession that ended in June 2009 went to full-time workers and those with college educations. However, now workers at the lower end of the pay scale may finally be catching up. Average hourly earnings in industries paying less than $12.50 per hour rose 3.2% from April 2014 to April 2015, about one percentage point more than wage growth for the job market as a whole.