Three sectors explain most of deceleration in U.S. wage growth

U.S. WAGE GROWTH deceleration was driven by three sectors: education and health services, financial activities and manufacturing. / BLOOMBERG FILE PHOTO/TY WRIGHT
U.S. WAGE GROWTH deceleration was driven by three sectors: education and health services, financial activities and manufacturing. / BLOOMBERG FILE PHOTO/TY WRIGHT
NEW YORK - The deceleration in United States wage growth in April was relatively broad-based, with eight of 13 sectors seeing a down-tick. But three sectors made an outsize contribution to the slowdown: education and health services, financial activities and manufacturing. The large number of Americans employed in education and health services makes it the…

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