U.S. Economy Adds 113,000 Jobs, Unemployment Drops - Victor Ragsdale - 4th Period

Payroll Data Shows a Lag in Wages, Not Just Hiring

     The last monthly report showed that the economy added 113,000 jobs, but also noted that employment dropped from 6.7% in December to 6.6% in January. Although the unemployment rate dropped significantly, employees have noted that for those who are employed, it has become increasingly difficult to get a raise. 

     It's great the economy is getting better, so why not focus on how it got better? Before focusing on raises we have to fix the unemployment rate. Take things one step at a time. 

Source: http://www.nytimes.com/2014/02/08/business/us-economy-adds-113000-jobs-unemployment-rate-at-6-6.html?emc=edit_na_20140207 

Victor Ragsdale - 4th Period