The jobs report might send a mixed message. While the headline number of 201,000 was above expectations, earlier months got revised significantly lower. Also, wage growth of 2.9% was above what analysts expected and a sign of possible economic strength, but might raise inflation fears.
Bigger Pay Looks Positive For Employees, But Might Raise Inflation Questions
Forbes - 7 Sep 2018 15:42
The jobs report might send a mixed message. While the headline number of 201,000 was above expectations, earlier months got revised significantly lower. Also, wage growth of 2.9% was above what analysts expected and a sign of possible economic strength, but might raise inflation fears.
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