Posts Tagged ‘consumer’
Private Sector adds 200K+ Jobs
For the 1st time in 5 years the private-sector added more than 200K jobs for 2 months in a row. That’s great news! The bad news is that if you have a job wages haven’t kept up with the rising cost of living. Average hourly wages actually fell in March — from $19.32 to $19.30.…
Read MoreFalling Income
In Feb there was no rise in average weekly wages, but there was a 0.5% inflation in consumer prices meaning that real incomes fell by 0.5%. They have now fallen in 5 of the last 6 months during with time it has shrunk by 2.3%. Thus, the anemic job growth we are experiencing is barely…
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