The Scary Wage Growth Story in the December Jobs Report

The December jobs report released today (Friday) by the U.S. Department of Labor highlights what’s missing in the job market’s recovery: wage growth. According to the report, the United States added 252,000 jobs last month, ahead of consensus estimates of 240,000. That was enough to push the unemployment rate down to 5.6%. The post The Scary Wage Growth Story in the December Jobs Report appeared first on Money Morning - Only the News You Can Profit From .