Share this story...
Latest News

More jobs hasn’t meant economic growth

This is the story that YOU wanted to hear us talk about! It received 58 percent of the vote in our Radioactive poll!

Has an influx of jobs boosted the U.S. economy?

The answer isn’t what you likely expected, according to a USA Today report.

May’s unemployment rate remained at 6.3 percent — the same as in April — but despite the U.S. adding more than 200,000 jobs, but sluggish wage growth could mean a long delay before the Federal Reserve raises interest rates.

Because of the stagnant wages, the report says that not only are Americans unlikely to get a large pay raise, but they’re also unlikely to go on any spending sprees.

Podcasts
Related Links