Wage growth actually appears to be decelerating, in spite of the low unemployment rate.
Washington, DC—(ENEWSPF)—May 4, 2018
By: Dean Baker
The Bureau of Labor Statistics (BLS) reported that the unemployment rate fell to 3.9 percent in April, the lowest rate since 2000. It has only been below this level for one month in the last 45 years. On the establishment side, the economy added 164,000 jobs. With upward revisions for the prior two months…
