For years after the 2008 financial crisis, growth in average hourly earnings stayed low, hovering at around 2% year over year.
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Wage growth bounces back
Average hourly earnings grew 2.8% year-over-year in February, coming in line with expectations
wage growth
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According to the February jobs report, average hourly earnings grew by 2.8% from the prior year, well above the disappointing 2.5% rate in January and coming in line with economists' expectations.
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