U.S. | Resilient 4Q Job Growth Despite Subdued Wages
Published on Friday, January 8, 2016 | Updated on Friday, January 8, 2016
U.S. | Resilient 4Q Job Growth Despite Subdued Wages
Summary
Nonfarm payrolls increased 292K in December while the unemployment rate held at 5.0%. Average hourly earnings held flat, pointing to continued weakness in wages. Renewed confidence in the job market will help slowly lift labor force participation in 2016.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Kim Fraser
Documents and files
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