Wage growth disappoints
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This economy added twice the amount of jobs expected in August, which is good news for the labor market. Still, the latest jobs report showed average hourly earnings were up just 3.1% annually β the slowest growth in more than five years. In this episode, when we can expect wages to start keeping up with inflation. Plus: American tourism to Europe is up, some farmers rely on decades-old machinery as budgets tighten, and one mom goes back to school 15 years after she started.
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