The jobs news in December's jobs report was mostly good, but there was a disturbing fall in average hourly wages.
Your monthly wage growth update: YIKES! edition pic.twitter.com/psDXOPgake
— Nick Bunker (@nick_bunker) January 9, 2015
This is especially painful because wage growth had been holding steady at a too-low level throughout several years of recovery. We'd hoped to be asking ourselves when we would break out from this set point and see growth. Instead we saw the opposite.