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Jul 7, 2017

07/07/2017: Are we headed for a trade war?

We always enjoy Jobs Friday, and this was an especially good one: About 222,000 people got jobs across all kinds of industries last month, and unemployment ticked up a hair because more people are out looking for work. The one black mark on this month’s report was wages. Average hourly earnings were barely up in June, and it’s the latest in a line of tepid monthly increases. That just isn’t the way things are supposed to be working right now. We’ll talk about why and break down the rest of the jobs report in the Weekly Wrap. With President Trump at the G-20 this weekend, trade’s on the table, too. Plus: the business of summer camp.

President-elect Trump selected lawyer Robert Lighthizer as his administration's U.S. Trade Representative. 
President-elect Trump selected lawyer Robert Lighthizer as his administration's U.S. Trade Representative. 
JIM WATSON/AFP/Getty Images

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We always enjoy Jobs Friday, and this was an especially good one: About 222,000 people got jobs across all kinds of industries last month, and unemployment ticked up a hair because more people are out looking for work. The one black mark on this month’s report was wages. Average hourly earnings were barely up in June, and it’s the latest in a line of tepid monthly increases. That just isn’t the way things are supposed to be working right now. We’ll talk about why and break down the rest of the jobs report in the Weekly Wrap. With President Trump at the G-20 this weekend, trade’s on the table, too. Plus: the business of summer camp.

07/07/2017: Are we headed for a trade war?