- May 28, 2007
- 15,995
- 1,685
- 126
http://www.nytimes.com/2014/12/06/business/economy/november-jobs-unemployment-figures.html?_r=0
Worker earnings up 0.4%, that's the number I'd really like to see move more.
Lower gas prices and more workers earning wages could be good tinder for a real economic surge.
So we're still, IMO, a long way from full employment, and that's why wages have been sluggish.
Still, great report, gives me some hope. :thumbsup:
Worker earnings up 0.4%, that's the number I'd really like to see move more.
Lower gas prices and more workers earning wages could be good tinder for a real economic surge.
So why the persistent gloom, not to mention anger?
Part of the problem is that even though employment is back above pre-recession levels the eight million jobs lost between 2008 and 2010 have been more than made up since then millions of new workers have joined the work force over that period.
So we're still, IMO, a long way from full employment, and that's why wages have been sluggish.
Still, great report, gives me some hope. :thumbsup: