Average Hourly Earnings Steals Thunder in NFP Jobs Data

The headline Non-Farm Payrolls print for December showed that 223,000 jobs were added to the economy vs an expectation of +200,000 and a higher revised November print of +256,000.  In addition, the Unemployment Rate dropped to 3.5% vs an expectation of 3.7% and a November print of 3.6%.  By themselves, the Fed should be concerned […]

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