Cheap gas may take the sting out of falling wages
The jobs report released by the Labor Department on Friday was pretty much more of the same. Job growth was strong, the unemployment rate fell, and wage growth was nowhere to be seen. In fact, average...
View ArticleJob growth in late 2014: One for the history books
Friday’s jobs report was one of the best the U.S. has seen since the beginning of the economic recovery. The Labor Department’s headline estimate that the U.S. economy added 257,000 jobs in January was...
View ArticleU.S. economy adds 223K jobs in June as unemployment dips to 5.3%
The United States labor market put in a tepid performance in June, with the addition of only 223,000 jobs, according to a report released by the Bureau of Labor Statistics on Thursday. That was short...
View ArticleHow this city managed to record the nation’s highest wage growth
Over the past several years, the U.S. economic recovery has been plagued by one stubborn black spot: wage growth or, more specifically, the lack of it. In the past 12 months, wages have increased at an...
View ArticleObama’s Economy in 7 Charts: The Good, The Bad, and The Ugly
President Barack Obama’s final State of the Union address on Tuesday night will be the last time he’ll have the full attention of the nation, and he’s expected to use the broadcast as an opportunity to...
View ArticleAmericans Got a Huge Raise in 2015
The median American income grew faster in 2015 than at any point on record, according to a report released Tuesday by the Census Bureau. White House officials were ecstatic with the news, with Jason...
View ArticleThe States Where Paychecks Grew the Fastest and Slowest Last Year
The Census Bureau brought perhaps the best news of the economic recovery Tuesday, when it announced that the median American income rose by 5.2%, the first increase since 2007 and the largest ever...
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