Historically, low unemployment has led to faster wage growth. But that hasn’t been the case over the last six years.
The October U.S. jobs report shows the unemployment rate is down - but wage growth does not look good.
By Diane Alter, Contributing Writer, Money Morning -
Historically, low unemployment has led to faster wage growth. But that hasn’t been the case over the last six years.
The October U.S. jobs report shows the unemployment rate is down - but wage growth does not look good.
By Diane Alter, Contributing Writer, Money Morning -
Historically, low unemployment has led to faster wage growth. But that hasn’t been the case over the last six years.
The October U.S. jobs report shows the unemployment rate is down - but wage growth does not look good.
Here's what that means for our economy.