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Pay raises: Survey indicates 52 percent of workers didn’t get one in the past year

More than half of Americans have not gotten a bump in salary over the past 12 months, a new survey finds, despite a tight labor market that’s making it harder for employers to find workers.

But employees with more education and higher incomes are more likely to get a raise, the Bankrate.com survey shows.

Fifty-two percent of those polled didn’t see their paychecks budge the past year, according to the phone survey of 1,009 respondents conducted Nov. 1-5.

Thirty percent got a raise at their current job, 10 percent landed a better paying job and 8 percent scored both within the 12-month period. Thus, a total 48 percent of those surveyed saw their wages rise either at their current workplace or by switching jobs.

Read more at usatoday.com.

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