U.S. wages rising at the fastest pace in years amid solid hiring
Go ahead — ask the boss for a raise.
The jobs report released Friday by the Labor Department suggests the time finally may be right to demand a fatter paycheck.
The October report showed employers added 161,000 jobs — and paid workers more. Average hourly earnings rose by 10 cents to $25.92 last month — and that gain followed September’s increase of 8 cents an hour.
In all, average hourly earnings have risen by 2.8 percent over the past year — the fastest pace since
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