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Friday, December 8, 2017

US Hourly Earnings Disappoint, but Continue to Surpass CPI

The US created a net new 228k jobs in November, and the previous two months that were skewed by the weather showed a net upward revision of 3k. The hourly earnings data were disappointing. They rose 0.2% instead of 0.3% and the October series was revised to -0.1% from flat. Average hourly earnings...
US Hourly Earnings Disappoint, but Continue to Surpass CPI

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