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Story summary
- In March higher-income wages rose 5.6%, lower-income wages rose 2%, and middle-income wages rose 1%.
- A Bank of America Institute report shows the wage-growth gap between top earners and others widened.
- Senior Economist David Tinsley notes this is the largest gap since 2015.
- Labor economist Peter Mueser says artificial intelligence may affect job growth for lower-income workers.
- Despite some positive job growth indicators, the outlook remains uncertain.
