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Tuesday, August 28, 2018

Study confirms low wage growth in Connecticut

Connecticut has yet to escape a prolonged period of sluggish wage growth that has many working families unable to achieve an acceptable standard of living, according to the 2018 installment of an ongoing study by Connecticut Voices for Children. Between 2007 and 2017, the bottom 10 percent of Connecticut earners saw their wages remain flat, according to the New Haven-based Connecticut Voices for Children, with median overall annual earnings down 0.3 percent. Since 2014, however, wages grew faster for those in the bottom decile, at 0.5 percent, versus a 0.35 percent gain for those in the top 10 percent of earners.

from Business https://www.ctpost.com/business/article/Study-confirms-low-wage-growth-in-Connecticut-13187929.php

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