Slow wage growth has been among the biggest problems for the American economy over the past several years. Wages are finally rising, however, and they're starting to grow faster and faster. No matter which tracker you use, everything is looking a little rosier. The basic measure — average hourly earnings from the monthly jobs report — has hit cycle highs three times in the past five months and has been accelerating of late. Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy