It's great news for millions of struggling Americans whose wages have barely budged in recent years.
The October jobs report was strong across the board. The economy added 271,000 jobs, the unemployment rate fell to 5% -- its lowest level since 2008 -- and more part-time workers found full-time work.
In the years following the Great Recession, employers have hesitated to bring on full-time workers, a reflection of their uncertain outlook on the economy's future.
Now, not only are they getting more full time workers, but it's slowly getting harder to hire people. So employers are having to pay more to keep employees from jumping ship or to hire new workers.
