Private payrolls increased by 179,000, below the 195,000 growth expected by a Refinitiv survey of economists. The number also was a drop from the 225,000 in October and below the 203,000 prior monthly average.
The 2018 edition of the OECD Employment Outlook reviews labour market trends and prospects in OECD countries.
A key goal of House Democrats over the next two years is to remind people that there must be more to governing than divisive Trumpian chaos.
Why haven’t wages kept up in this explosive economy? It’s not an economic problem, but rather one of management. CEOs and CFOs have to realize that in today’s service economy, people are an investment, not an expense.
Unemployment is low, and wages have ticked up, but so has inflation. Fed Chairman Jerome Powell has described the fact that wages are not growing faster as a “bit of a mystery.” What is driving the weakness in inflation-adjusted wage growth?
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