The Wall Street Journal had a piece touting the broad nature of the job growth in Friday's jobs report. The piece noted that average hourly wages rose 10 cents last month and are now up by 2.2 percent from year ago levels. It then added:
"However, that may have more to do with overtime pay than real wage increases, said Peter Cappelli, a professor at the University of Pennsylvania's Wharton School and director of its Center for Human Resources. The Labor Department distinguishes regular pay f...
Published on July 07, 2013 09:25