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U.S. hourly wages up 0.3% in August

U.S. hourly wages up 0.3% in August
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Mubasher: The average hourly wage paid to American workers rose 0.3% in August.

The typical worker earned $25.09 an hour, rising 8 cents from the prior month.

From August 2014 to August 2015, hourly wages increased 2.2%.

Annualized increases in pay have stuck to a tight range of 1.9% to 2.2% since 2012.