Tag: Personal Income/Average Earnings
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Why stock-market investors find wage data in the June jobs report unsettling
[ad_1] Investors sifted through mixed signals in the U.S. June employment report Friday, with sticky wage gains seen offsetting any relief from a slowdown in jobs growth. Sure, a strong labor market reflects a resilient economy, which should be good news for the stock market, all things equal. But the worry for investors is that…