U.S. Job Growth Surpasses Expectations, Signaling Resilient Economy and Diminishing Odds of Near-Term Rate Cuts—Key Insight for Investors
Wage Growth Steady, Labor Market Resilient: What This Means for Investors Now The latest labor market data reveals a nuanced but encouraging picture for investors navigating the post-pandemic economy. Average hourly earnings rose by a modest 0.2% month-over-month and 3.7% year-over-year, signaling steady wage growth without sparking immediate inflation alarms. This delicate balance is crucial—it…