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US job growth is rising solidly, so why isn’t pay?

By Josh Boak
Published October 3, 2014 7:31pm ET
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US job growth is rising solidly, so why isn’t pay?
FILE - In this Sept. 4, 2014 file photo, protestors demonstrate to push fast-food chains to pay their employees at least $15 an hour, in Philadelphia. Employers in the United States are hiring at a brisk pace. Unemployment has sunk to a nearly healthy rate. Jobs are being filled across a range of industries. Yet the September jobs report released Friday, Oct. 3, 2014 contained a puzzling fact: Paychecks still aren't growing. Economists regard stagnant wages as a red flag for the 5-year-old recovery. Robust job growth has typically fueled rising wages. And without higher pay, workers have less money to spend and save, and that, in turn, keeps the economy from strengthening further. (AP Photo/Matt Rourke) | Matt Rourke

WASHINGTON (AP) — Where are the pay raises?

Employers in the United States are hiring at a brisk pace. Unemployment has sunk to a nearly healthy rate. Jobs are being filled across a range of industries.

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