One puzzle in the jobs report: a wage slowdown as unemployment rate falls to a near-50-year low
October 04, 2019 at 11:18 AM EDT
In an otherwise solid jobs report, one question that emerged is why wages slowed down at the same time the unemployment rate declined to a near 50-year-low. Average hourly earnings in the 12 months ending September fell to 2.9%, down from 3.2% in August.
