Ugly surprise of higher payroll taxes shrinks most checks

Economy » $100-a-month hit for most workers offsetting any raises.

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"I’m just starting to see people get hired again, get interviews, (but) it’s definitely not back to where it was," said Rosanna Venturini of ClearPoint Credit Counseling Solutions in the Sacramento area. "People are having to take jobs that pay less than what they were used to making."

Wages have grown only about 2 percent a year on average since 2009, according to the Bureau of Labor Statistics. Most years, pay raises for many Americans have barely kept up with inflation.

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