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Wages lag as U.S. payrolls grow

Wages lag as U.S. payrolls grow

WASHINGTON — The U.S. finished its best year of job growth since 1999 with brisk hiring and a drop in unemployment last month, but there's little indication that workers will start seeing wages go up much any time soon. Employers, led by professional services and the construction industry, added a solid 252,000 net new jobs last month, the government said Friday. The report showed that the U.S. remains unfazed by weakness in the global economy, notably Europe and Japan. The nation's unemployment rate fell by a bigger-than-expected 0.2 percentage point to 5.6% in December, although that was largely because people left the labor force. The latest jobless figure is down from...

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