February 2, 2018
America gets a raise: Wage growth fastest since 2009
http://money.cnn.com/2018/02/02/news/economy/january-jobs-report-2018/index.html
America finally got a raise.
The U.S. economy added 200,000 jobs in January, and wages grew at the fastest pace in eight years.
The unemployment rate stayed at 4.1%, the lowest since 2000, the Labor Department said Friday.
Wages were up 2.9% compared with a year earlier, the best pace since June 2009. Wage growth has been the last major measure to make meaningful progress since the end of the Great Recession.
The Federal Reserve would like wages to grow even faster -- 3% or more -- but Friday's report was a welcome sign for workers after years of stagnant pay.
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(Note the source - CNN.)
(Article does continue. Zim.)
Go Trump !
Mad Poet Strikes Again.
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