U.S. Hourly Wages Rise 0.3% In August, Up 2.2% In Past Year

By Jeffry BartashMarketWatch Pulse

The average hourly wage paid to American workers rose 0.3% in August. The typical worker earned $25.09 an hour, up 8 cents from the prior month. From August 2014 to August 2015, hourly wages rose 2.2%. Annualized increases in pay have stuck to a tight range of 1.9% to 2.2% since 2012. The amount of time people worked each week edged up 0.1 hours to 34.6 in August. The labor-force participation rate was unchanged at 62.6%.

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