Wages fell in December

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.

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