The article bashes it as rising labor costs because they are leftist at Bloomberg, but you can’t hide the truth of it. Wages rising for American. Poor libby has to be sad at good news again.
“Economists expect a significant acceleration in wage growth in the second half of the year, boosted by a tightening labor market. The labor market is considered to be near or at full employment, with a 4 percent jobless rate.”
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Jezcoe
July 31, 2018, 4:05pm
2
Cratic3947:
The article bashes it as rising labor costs because they are leftist at Bloomberg, but you can’t hide the truth of it. Wages rising for American. Poor libby has to be sad at good news again.
“Economists expect a significant acceleration in wage growth in the second half of the year, boosted by a tightening labor market. The labor market is considered to be near or at full employment, with a 4 percent jobless rate.”
U.S. labor costs post largest annual gain since 2008 | Reuters
Good news.
Here is to hoping that it doesn’t all get screwed up.
Only the dems winning the house would do that…
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Jezcoe
July 31, 2018, 4:12pm
4
Which bolsters my prediction that the Dems are going to take the house just as an economic downturn happens and the CEC will blame them and people like you will eat it up.
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conan
July 31, 2018, 4:15pm
5
Oh no…this can’t be good.
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Not to mention if they do take the house, we’ll blame the Russians… Since Trump has been so hard Putin, unlike ol’ flexible and the uranium queen… hee, hee, hee…
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dantes
July 31, 2018, 4:18pm
7
Not really surprising that it’s happening in a tightening labor market. That’s why the continued decline in unemployment has been so important.
Jezcoe
July 31, 2018, 4:19pm
9
Cratic3947:
Not to mention if they do take the house, we’ll blame the Russians… Since Trump has been so hard Putin, unlike ol’ flexible and the uranium queen… hee, hee, hee…
I have this feeling that your last post is not going to age well.
Why, it’s the same strategy the swamp is using right now…
adroit
July 31, 2018, 4:24pm
11
And yet, when taking inflation into consideration, real wage growth is 0 and actually negative (-0.2) for production and nonsupervisory roles.
Camp
July 31, 2018, 4:31pm
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Gold. Pure laugh out loud gold.
Steele dossier UK Russia dirt…yet somehow…Trump.
The Uranium Queen must be the Trump card.
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Oh, Gosh is that consumer confidence rising to near 18 year high?
Isn’t that normal? I worked for a great corporation(40 years) but our raises were just a shade under cost of living usually.
Still my pay went from about 3 dollars an hour to over 33 dollars an hour when I retired.
That was good pay.
JayJay
July 31, 2018, 4:49pm
16
How is calling it labor costs “bashing it”?
The article was fairly well balanced, citing increased wages, increased benefits, and a rosy forecast for the rest of the year.
Didn’t bash anything.
JayJay:
How is calling it labor costs “bashing it”?
The article was fairly well balanced, citing increased wages, increased benefits, and a rosy forecast for the rest of the year.
Didn’t bash anything.
The headline held a negative connotation
JayJay
July 31, 2018, 4:52pm
18
Only for those who don’t know anything about the subject and are also fishing for a reason to call rhe media “leftist”.
Hell…the article even left out how rising inflation is eating away at these gains.
adroit
July 31, 2018, 4:54pm
19
gooddad409:
Isn’t that normal? I worked for a great corporation(40 years) but our raises were just a shade under cost of living usually.
Still my pay went from about 3 dollars an hour to over 33 dollars an hour when I retired.
That was good pay.
No, getting a raise that is under cost of living/inflation is not normal or good. It literally means your pay is becoming less valuable.