While Residents Expect Wage Growth, Economists Are Not Dampening Their Hopes.

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With recent surveys showing that more people expect wages to rise, experts say this is due to a growing economy and the end-of-year factor, as well as public information about tax and wage increases. Experts agree that wages will continue to rise, although perhaps at a slower pace.

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A survey by the Chamber of Commerce shows that almost 70 percent of companies are counting on raising wages this year. However, experts say the pace of wage growth will slow this year.