Stories >> Economics

Jon Hartley: The Fed's Important New Labor Market Conditions Index (LMCI)

Last Friday, the U.S department of labor announced that the U.S. unemployment rate for September was 5.9%, the lowest level since July 2008. While some have rejoiced with the figure falling below 6%, a number of fractures in the economy remain which are not reflected in the unemployment rate. One of these fractures is subdued wage growth that

Click to Link

Posted: October 5, 2014 Sunday 06:00 PM