Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
The average wage earned by an American worker rose a sharp 0.5% in January, more than twice the typical increase. How come? Most likely because higher minimum wages kicked in in a number of states.
A largely listless and flat futures market pushed lower after the latest jobs numbers showed a cooldown in hiring. Dow futures were down 0.1%. S&P 500 futures was down 0.2%, while Nasdaq futures was ...