Summary Jobs continued their trend: a long period of slow growth, second weakest since 1961 (2001-07 was worse). Worker’s wages continued their slow growth, weekly wages up 2.1% YoY for private sector hourly workers. Slow growth doesn’t create the imbalances & inflation that cause recession. This could run for another year, and perhaps longer. Such […]
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This article by Editor of the Fabius Maximus website originally appeared on fabiusmaximus.com on November 05, 2016 at 12:00PM