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Amazon and other 'superstar' companies could give all American workers a raise

  • Written by Carolin Schellhorn, Assistant Professor of Finance, St. Joseph's University
Amazon and other 'superstar' companies could give all American workers a raiseAn Amazon employee applies tape to a package before shipment.AP Photo/Patrick Semansky

The latest employment data, released on Oct. 5, point to a persistent economic puzzle: The unemployment rate is the lowest in nearly half a century yet wages have been very slow to react.

In the past, such low unemployment levels have driven up wages. Yet, apart...

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