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Raises Have Gone to Pay for Health Insurance-Forbes

For the average private sector worker, it’s been a lost decade for raises.

In inflation adjusted terms, companies are paying lower wages than they did back in 2002.  Data from the Bureau of Labor Statistics’ (BLS) National Compensation Survey shows that the per-hour cost of wages and salaries incurred by private sector employers was $19.91 in 2002, when measured in 2011 dollars.  This year it was $19.85.

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