◀ The Principal Blog

Posts tagged ‘wage growth’

U.S. economy improves again – February jobs report

This morning, the Department of Labor reported that the U.S. economy added 235,000 jobs in February, and the unemployment rate ticked down to 4.7%. Headline job growth was above 200,000 jobs for a second month in a row, and average hourly earnings increased by a healthy 2.8%. Here are my thoughts…

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January jobs report – strong numbers with some surprises

The Department of Labor reported on Friday that 227,000 were added in January, well ahead of market expectations. Wage growth was down from recent months, with average hourly earnings up only 2.5%. The unemployment rate bumped up slightly to 4.8% and the labor force participation rate inched up as…

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