Study: Wage growth weak for a tight labor market

WORKER PRODUCTIVITY has increased by nearly 70% over the last 40 years, but hourly compensation levels have increased by less than 12% during that period, according to a new study by the Economic Policy Institute. / PBN FILE PHOTO
PROVIDENCE – Unemployment rates in the economic recovery of recent years are similar to those the nation saw in the late 1990s recovery, but wages have not grown nearly as fast or as evenly across race and gender as they did during that period, according to a new study. Meanwhile, the gap between productivity and…

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