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Wages to Rise on Signs of Improving U.S. Job Market: Economy

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More than five years into the economic expansion, the signs that economists look for to herald the pickup in pay that has long eluded American workers are starting to emerge.

Wages and salaries climbed last quarter by the most since 2008 as a dwindling number of unemployed per job opening approached a tipping point. Amid rising profits and sales per employee, some companies have a cushion to boost compensation.