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Unemployment is down, but wages aren’t up

Friday delivered another solid-if-not-amazing jobs report. Unfortunately, the “not-amazing” part continues to involve your paycheck. TheBureau of Labor Statistics reportedthat the U.S. economy added 214,000 jobs in October and that unemployment fell a tenth of a percentage point to 5.8 percent. This is the ninth straight month in which employers added 200,000 jobs or more,

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