Growing wages, job creation, and your money
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Growing wages, job creation, and your money
321,000 jobs were added in November, with jobs in retail, health care, manufacturing, and professional and business services growing. Unemployment held steady at 5.8 percent.
Another significant change was the increase in hourly earnings for ordinary workers — at .4 percent, wage growth exceeded the anticipated increase by double. The U.S. has struggled with wage stagnation and the jobless rate, and this most recent report cast a sunny outlook for the future of both.
How have you been impacted by changes in the job market? Have you felt some of the benefits to a lower unemployment and rising wages? Tell us more about your experiences in the comments or @MarketplaceWKND.
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