Media Struggles to Acknowledge Good News in Jobs Report
by Brian McNicoll on March 9, 2018
For many media outlets, the most important thing to remember in reporting on the monthly jobs report, which came out Friday, seemed to be to work the word “but†into the headline.
“February’s jobs report was great for retail, but the long-term trend isn’t changing,†wrote Yahoo Finance. “This was the perfect jobs report for the stock market, investors and economists say,†CNBC wrote. “But the key number for markets, however, was the average hourly wage number which rose just 0.1 percent, below the 0.2 percent expected.â€
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