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Despite higher paychecks, Americans still have less money to spend, Labor Department report says

Despite higher paychecks, Americans still have less money to spend, Labor Department report says
Photo: Atlanta News First (WANF CBS) - News · view original

(Gray News) - Although Americans are seeing bigger paychecks on paper, they still have less money to spend. According to the U.S. Department of Labor’s Employment Cost Index, the total compensation for civilian workers, including wages and benefits, rose 3.4% over the last 12 months, ending in S...

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