U.S. job growth picks up; flat wages raise consumer spending worries

2017-11-05T09:16:53-06:00

Reuters - 11/3/2017 - Lucia Mutikani - U.S. job growth accelerated in October after hurricane-related disruptions in the prior month, but wages grew at their slowest annual pace in more than 1-1/2 years in a sign that inflation probably will remain benign.
Nonfarm payrolls increased by 261,000 last month as 106,000 leisure and hospitality workers returned to work, the Labor Department said in its closely watched employment report on Friday. That was the largest gain since July 2016 but below economists' expectations for a jump of 310,000 jobs. Read more @ http://uk.mobile.reuters.com/article/amp/idUKKBN1D308L

Statistics: Posted by McFurd — Sun Nov 05, 2017 8:16 am

Jobless and Faceless

U.S. job growth picks up; flat wages raise consumer spending worries