Author Topic: U.S. Job Growth Surges; Annual Wage Gain Largest Since 2009  (Read 1197 times)

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Offline To-Whose-Benefit?

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U.S. Job Growth Surges; Annual Wage Gain Largest Since 2009
« on: September 07, 2018, 07:18:43 pm »
Reuters
Staff Sept 7 2018

[excerpt]

https://freebeacon.com/issues/u-s-job-growth-surges-annual-wage-gain-largest-since-2009/

WASHINGTON (Reuters) – U.S. job growth accelerated in August and wages notched their largest annual increase in more than nine years, strengthening views that the economy was so far weathering the Trump administration's escalating trade war with China.

The Labor Department's closely watched employment report published on Friday also showed slack in the jobs market was rapidly diminishing, with a broader measure of unemployment falling to a level not seen since 2001. The report cemented expectations for a third interest rate increase from the Federal Reserve this year when policymakers meet on Sept. 25-26.

"The economy is on an adrenalin rush," said Ryan Sweet, senior economist at Moody's Analytics in West Chester, Pennsylvania. "Given the amount of fiscal stimulus that the economy is benefiting from, it's going to take a lot to get it off that high."
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Offline Wingnut

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Re: U.S. Job Growth Surges; Annual Wage Gain Largest Since 2009
« Reply #1 on: September 07, 2018, 07:24:25 pm »
In before the haters slink in to explain how this all a lie. 
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Offline Frank Cannon

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Re: U.S. Job Growth Surges; Annual Wage Gain Largest Since 2009
« Reply #2 on: September 07, 2018, 08:07:07 pm »
In before the haters slink in to explain how this all a lie.

Yeah.......but things would be a whole lot better if Evan McMuffin won.

Online IsailedawayfromFR

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Re: U.S. Job Growth Surges; Annual Wage Gain Largest Since 2009
« Reply #3 on: September 08, 2018, 03:42:17 pm »
In before the haters slink in to explain how this all a lie.

Quote
So we pulled the economy out of crisis, but to this day, too many people who once felt solidly middle class still feel very real and very personal economic insecurity.
B. Obama September 7, 2018
Some haters will never see prosperity as they thrive on discouragement,
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington