Investment Updates
Stronger Than Expected Jobs Creation But CNBC Reports "Trouble Lurked"
Published Friday, July 7, 2017 at: 7:00 AM EDT
CNBC, the nation's No. 1-rated TV financial channel, reported that the news on jobs was good but ominously added, "Beneath the surface, though, trouble lurked."
"The economy added 222,000 in June but wage growth remains muted at just 2.5% annually," according to CNBC. "Even a 4.4% unemployment rate hasn't been able to put pressure on salaries, which are growing at just a 2.5% rate annually."
This article was written by a professional financial journalist for Advisor Products and is not intended as legal or investment advice.
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