Merit-based immigration system can help Americans

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By Deena Flinchum

Don’t expect a bigger paycheck anytime soon. Fed Chair Janet Yellen recently admitted there might be far more “slack” in the labor market than she and her colleagues realized, meaning that employers can attract all the workers they need without raising wages.

This is a longstanding problem. Inflation-adjusted wages have climbed just 0.2 percent annually since 1973.

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