Data Round Up: November Jobs, Wage Gains Will Cement Fed's December Rate Hike Decision

posted by Michael Lewis on December 07, 2018

Found in US, categorized in Macro

Tags: payroll job market unemployment rate

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A mixed bag: payroll job gains slightly below trend, unemployment stable, but wages continue to trend up. This is more than enough to cement the Fed’s decision to hike rates again at their meeting in two weeks.


FMI’s analysis of this morning’s November Employment report. Also this morning, wholesale book-value inventories were reported up a brisk +0.8+% for October.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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