U.S. creates 250K jobs as unemployment stays at 3.7%
Average pay rose by the most in nearly a decade
- November 2, 2018 November 2, 2018
- 09:52
Average pay rose by the most in nearly a decade
Companies are facing intense pressure to boost pay to find the workers they need
Rise was the smallest increase in six months
The U.S. Federal Reserve will likely keep raising short-term interest rates at only a gradual pace, Fed chair Jerome Powell said Wednesday, partly because there are few signs, so far, that the ultra-low U.S. unemployment rate is pushing up inflation. In a speech in Portugal, Powell said that, with the unemployment rate at an 18-year […]
Independence is key to combatting inflation and helping stabilize the economy
As well, U.S. employers added a robust 200,000 jobs