Marketplace®

Daily business news and economic stories

2016 wage growth: good but not great

The U.S. economy added 178,000 jobs in November, with the unemployment rate declining to 4.6 percent.  Forecasts had predicted a net gain of around 180,000, jobs, a signal of steady hiring in the labor market. Though average hourly earnings declined last month, wages have been trending up for some time. But there’s still room for […]

About 1,500 people seeking employment wait in line to enter a job fair in Washington, D.C.
About 1,500 people seeking employment wait in line to enter a job fair in Washington, D.C.
Chip Somodevilla/Getty Images

The U.S. economy added 178,000 jobs in November, with the unemployment rate declining to 4.6 percent. 

Forecasts had predicted a net gain of around 180,000, jobs, a signal of steady hiring in the labor market.

Though average hourly earnings declined last month, wages have been trending up for some time. But there’s still room for improvement.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    2 hours ago
    25:25
  • Make Me Smart
    6 hours ago
    52:42
  • Marketplace Morning Report
    9 hours ago
    6:38
  • Marketplace Tech
    15 hours ago
    4:27
  • This Is Uncomfortable
    8 days ago
    4:41
  • Million Bazillion
    a month ago
    32:45