Lower-cost U.S. cities drove pandemic wage gains

Big wage gains for lower-paid U.S. workers, a hallmark of the pandemic economy, were concentrated in less expensive cities, according to a new study that points to another potential stumbling block in getting the job market fully back to normal.

The study, released on Thursday by payroll processor ADP, analyzed wage gains in U.S. cities before and after the coronavirus pandemic for salaried workers in the bottom 5% of the wage distribution. READ MORE