> Yet another measure of pay, compiled by the Federal Reserve Bank of Atlanta, shows wages are accelerating. Hourly pay for a typical employee rose 3.2 percent

> Yet another measure of pay, compiled by the Federal Reserve Bank of Atlanta, shows wages are accelerating. Hourly pay for a typical employee rose 3.2 percent in June from 12 months earlier, according to the Atlanta Fed. While that is double the annual pace of 1.6 percent in February 2010, it is still below the pre-recession levels of about 4 percent. Eh. Its still below the norm.