03/28/2013 08:30 am ET Updated May 28, 2013

This Fact About U.S. Factory Wages Will Depress You

Bloomberg's Kevin Hamlin and Xin Zhou today bring readers to central China, where they chase down factories spreading to new locales as employers fight China's labor squeeze. They find that even far away from the centers of industry, a limited pool of young workers has extracted higher wages from factory jobs-and is pushing for more gains. And that's sending powerful ripples through the world economy.

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