The Wall Street Journal’s Ben Leubsdorf included AIER Senior Research Fellow Bob Hughes in his roundup of economists and analysts reacting to Friday’s jobs report. The report, from the Labor Department, showed the headline unemployment rate had fallen to 4.6 percent, the lowest rate since 2007. The department a seasonally adjusted 178,000 new jobs in November.
In the story, Hughes notes that wage growth faltered, even as the economic expansion continued to grind ahead. The roundup also included comments from representatives of Barclays, PNC Financial Services Group, Glassdoor and the Economic Policy Institute. See the article here, and for Hughes’ full remarks on the jobs report, click here.
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