just_hatched
Recycles dryer sheets
- Joined
- Sep 12, 2005
- Messages
- 97
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From:
http://abcnews.go.com/Business/wireStory?id=1709489
The report was well balanced in addressing Wall Street's overarching concerns of late. The job growth points to continued economic growth, while the modest wage gains and slightly higher unemployment rate mollified fears of more workers creating higher demand for goods and possibly sparking inflation.
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I remember some post by Brewer I think that mentioned if wage growth doesn't pick up, then the economy is in trouble.
I may be misquoting or oversimplifying, but this article seems to say that slow wage growth is good.
I still try to get it through my head:
too much = bad
too little = bad
just right = good
But it's hard to know what "just right" is.
Oh well, I won't lose any sleep over it, but it makes reading financial articles a little challenging for me when I don't know what's "good news" and what's "bad news".
It seems that no matter what happens, investors aren't happy.
"Unemployment is high, we're in a recession!"
"The job market has picked back up, we're going to have high inflation!"
From:
http://abcnews.go.com/Business/wireStory?id=1709489
The report was well balanced in addressing Wall Street's overarching concerns of late. The job growth points to continued economic growth, while the modest wage gains and slightly higher unemployment rate mollified fears of more workers creating higher demand for goods and possibly sparking inflation.
----
I remember some post by Brewer I think that mentioned if wage growth doesn't pick up, then the economy is in trouble.
I may be misquoting or oversimplifying, but this article seems to say that slow wage growth is good.
I still try to get it through my head:
too much = bad
too little = bad
just right = good
But it's hard to know what "just right" is.
Oh well, I won't lose any sleep over it, but it makes reading financial articles a little challenging for me when I don't know what's "good news" and what's "bad news".
It seems that no matter what happens, investors aren't happy.
"Unemployment is high, we're in a recession!"
"The job market has picked back up, we're going to have high inflation!"