USA Jobs, Careers and Recuitements
Job Target Job Search

News Details

Wage growth called ‘incredibly disappointing’ in jobs report


by Wage growth called ‘incredibly disappointing’ in jobs report - 01-10-2020

"Wage growth called ‘incredibly disappointing’ in jobs report"

Wage growth called ‘incredibly disappointing’ in jobs report.

Economists called a slowdown in wage growth disappointing as the U.S. government reported the latest jobs figures on Friday, even as the unemployment rate stayed at a 50-year low.

As MarketWatch writes, wage growth over the past year has slipped to 2.9% from 3.1%, marking the first time it’s dropped below 3% since the summer of 2018. Meanwhile, the economy added 145,000 jobs in the final month of 2019 and the jobless rate stayed at 3.5%.


Copyright © 2020 Jobxoom All rights reserved. Use of this site is subject to certain Terms and Conditions.