Benchmark
Here's How Much Slack Is Left in the U.S. Labor Market
There's enough to keep wages from rising significantly
Inside Disappointing U.S. Wage Growth
This article is for subscribers only.
The mystery that's plagued the last few years of the U.S. economic expansion wasn't solved last month. December marked another strong showing for job creation, and yet another disappointing month for wages.
Average hourly earnings fell a penny from the month before to $25.24. They were up 2.5 percent from a year ago, but that's still less than economists forecast.