Unemployment Rate Drops to 4.6% (user search)
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  Unemployment Rate Drops to 4.6% (search mode)
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Author Topic: Unemployment Rate Drops to 4.6%  (Read 1851 times)
Mr.Phips
Junior Chimp
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Posts: 8,546


« on: December 03, 2016, 07:24:23 PM »

Isn't it 3.0%? But the range is 3-5%, so functionally yes.

Maybe wage growth will grow with the tightening job market but I'm curious if that will happen, given the pressure on wages. My guess is that wage growth will remain weak for the next couple of years. But I could be wrong.



Well, remember, that as soon as the wage growth picks up, the Fed will hike the rates to make sure that rise is dampened.

Which would be a very stupid thing for the fed to do.  Inflation basically isn't a thing any more.
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