Job numbers were up across the board, the U.S. Labor Department announced recently as non-farm payrolls for April added 274,000 workers compared with March. The unemployment rate remained unchanged at 5.2%. Job growth was widespread, with gains in construction, mining and several service-providing industries.
While wages rose slightly--average hourly earnings of production or nonsupervisory workers rose by 5 cents in April to $16--this figure is not likely to be enough to keep pace with inflation. Despite job growth and productivity gains, for most workers real incomes have not increased.