Tag Archives: US jobs

Wage growth and business cycle indicators are good news for current expansion.The August employment report confirmed that the US economy remains strong, still relatively isolated from the vagaries in global growth, and little affected by the ongoing trade tensions. This echoes recent data, such as the ISM manufacturing survey, which rose to the highest level since 2004. The unemployment rate was unchanged at 3.9%, just below the important 4% threshold. The highlight of the August report was...

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