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Job and wage growth stronger than expected
November’s jobs report showed surprisingly strong hiring and faster growth in average hourly earnings — suggesting little easing of labor market conditions. What does this tell us about the overall economy? How could this affect the Fed's decision to continue with their aggressive rate hikes? Nationwide's economists Bryan Jordan and Ben Ayers discuss the recent jobs report and what it tells us about the direction of our economy. [NFM-20130AO.59]
The skinny
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