Wage Surge in Hot U.S. Labor Markets Sending Hopeful Sign to Fed

  • Minneapolis-St. Paul salaries jump 4.9% amid labor shortage
  • Goldman finds wage-inflation evidence looking at hot cities

With Minneapolis-St. Paul’s health-care industry booming, scientist Erin Nelson fielded more than 20 unsolicited calls in the past year asking her to consider switching jobs. She took one in September at a 40 percent raise.

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