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Will you get a raise in 2013? EconoMeter knows.

Roger Showley, U-T SAN DIEGO

Friday, November 30, 2012

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Kelly Cunningham, National University System
Answer: YES

Although it is largely a tale of two labor markets. High wage professions in high demand, requiring specific education, training and skills, are seeing jobs, wages and benefits increasing. Jobs on the other end of the spectrum are not seeing much improvement in terms of jobs or compensation. Most jobs lost during the Great Recession were among middle-wage occupations that in many cases were permanently lost and not likely to return. Low-wage job losses, on the other hand, were not quite as pronounced and compensation remains relatively stable, but not likely to see much gain in wages or other benefits.