FLVOL69
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@businessinsider: SMALLEST QUARTERLY GAIN IN WAGES ON RECORD Employment cost index, July 31 - Business Insider
Boom
@businessinsider: SMALLEST QUARTERLY GAIN IN WAGES ON RECORD Employment cost index, July 31 - Business Insider
I'm still struggling to understand how your partisanship can be so extreme that you actually take delight in such news. I think your priorities are a bit skewed.
The Federal Reserve talked up the economy last Wednesday, in a statement that emphasized improvements in employment, housing and consumer spending. Unfortunately, the optimism is misplaced.
In comparison, the economys recent performance is not a rebound but rather a resumption of the sluggish growth that has long characterized the economy.
Jobs Friday: U.S. economy added 215,000 jobs in July, below the 223,00 Wall Street anticipated. The unemployment rate held steady at 5.3% for the month, while the labor force participation rate also remained unchanged at 62.6%. Nothing great about it...but not bad enough to prevent the fed from raising rates in September.