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Compensation rises in the Washington region in 2012

Compensation for workers in the Washington region rose 2.1 percent in 2012 after remaining virtually flat the previous year, a new survey shows. The median salary increase was the largest the area has seen since 2010, according to data compiled by consulting firm Akron on behalf of the Human Resource Association of the National Capital Area, but still fell short of the region’s 3.2 rate of inflation in 2011.

 

Consumer sentiment worsens on economic jitters

U.S. consumer sentiment worsened more than expected in June on renewed concerns about the outlook for the economy, while worries about inflation eased modestly, a survey released on Friday showed.

 

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