Guardian - In September the unemployment rate fell 3.7%, a 49-year low, and remained there in October. The unemployment rate in the US has not remained below 4% for a sustained period since the Vietnam war. The US has now added jobs every month for 97 months in a row – the longest run of job gains on record.
In September wages were 3.1% higher than they were a year ago – the first time since April 2009 that wage growth has topped 3%.
Undernews - Inflation this year is about 2.5% so the actual wage increase is only about 0.6% or only about 9 cents an hour for, say, a $15 an hour wage.
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