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BLS: Private-Sector Wages and Salaries Rose 5.7% Year Over Year in 2nd Quarter

Wages and salaries for private-sector workers rose 5.7 percent for the 12-month period ending in June, up from a 3.5 percent increase a year earlier, the federal government reported at the end of July. The value of “real” inflation-adjusted private wages and salaries fell 3.1 percent for the same period.
Source: New feed 2