Even as the unemployment rate moves slowly downward, wage growth remains sluggish nearly five years after the recovery officially began, and has become one of the economyà ??s most conspicuous weak spots. But there are now signs that the labor market is starting to tighten enough that workers may finally get some real raises that significantly outpace inflation. Even as the economic cycle continues to advance, powerful underlying forces à ?? including a relatively strong dollar that contributes to an outsourcing of jobs abroad à ?? are helping to hold down pay increases. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.