Saturday, November 5, 2016

Last Economic Snapshot Before the Election Shows Healthy Job Growth

Link: http://www.nytimes.com/2016/11/05/business/economy/jobs-report.html?src=mv

Today, the hourly wages rose 2.8 percent compared with a year ago, the best gain in more than seven years. Since 2010, 15 million jobs have been created. More than seven years after the recession ended, employment gains have been remarkably steady, finally leading to a noticeable rise in earnings. Consumers are confident enough to open their wallets and spend. Gas is cheap, home prices are bouncing back and interest rates are low. There are clear signs that the job market has markedly improved and that the economy is continuing to advance.

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