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United States Employees Wages And Salaries

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July 30, 1999 | PETER G. GOSSELIN, TIMES STAFF WRITER
Americans' wages and benefits climbed faster in the last three months than at any time since 1991, while economic growth slowed to a still respectable 2.3% annual rate, the government said Thursday. The combination represented more good economic news for average working people but left inflation-jittery investors shaken. The Dow Jones industrial average dropped 180.78 points, or 1.7%. The nation's wage and benefit bill rose 1.1% from April to June, substantially more than the 0.
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NEWS
July 30, 1999 | PETER G. GOSSELIN, TIMES STAFF WRITER
Americans' wages and benefits climbed faster in the last three months than at any time since 1991, while economic growth slowed to a still respectable 2.3% annual rate, the government said Thursday. The combination represented more good economic news for average working people but left inflation-jittery investors shaken. The Dow Jones industrial average dropped 180.78 points, or 1.7%. The nation's wage and benefit bill rose 1.1% from April to June, substantially more than the 0.
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