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The U.S. economy looks pretty good except for that whole paying people thing

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Benjamin

The U.S. economy put up another solid jobs reports on Friday, logging its ninth-straight month of adding more than 200,000 private-sector position. Wages, however, continue to lag, which means that despite things getting better, the average American is not seeing much of an improvement.


The good news is that this is the best job streak since 1995, as noted by The Financial Times , leading the U.S. unemployment rate to decline to 5.8%




U.S. unemployment rate

Nov 2009 - 9.9%

Nov 2010 - 9.8%

Nov 2011 - 8.6%

Nov 2012 - 7.8%

Nov 2013 - 7.0%

Nov 2014 - 5.8%


— Nu Wexler (@wexler) November 7, 2014 Read more...



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