Business

US job market’s lingering weak spot: Stagnant pay

By Christopher Rugaber
Published September 8, 2014 9:14pm ET
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US job market’s lingering weak spot: Stagnant pay
FILE - In this file photo taken, Nov. 30, 2010, nurses at University of Chicago Medical Center in Chicago prepare patient Paula Ellis to be transported for tests. The U.S. job market has steadily improved by pretty much every gauge except the one Americans probably care about most: Pay. Wages are up just 1.3 percent for employees in education and health care. (AP Photo/M. Spencer Green) | M. Spencer Green

WASHINGTON (AP) — The U.S. job market has steadily improved by pretty much every gauge except the one Americans probably care about most: Pay.

The unemployment rate has sunk to a nearly normal 6.1 percent. Employers have added a robust 2.5 million jobs the past 12 months. Layoffs have tumbled.

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