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Strong Job Growth in February, but Hours Drop, and Wage Growth Slows

The February employment report gave a very mixed picture of the labor market. The job growth was again surprisingly strong, with the establishment survey showing a gain of 311,000 jobs. However, the index of aggregate hours actually fell by 0.1 percent…

The February employment report gave a very mixed picture of the labor market. The job growth was again surprisingly strong, with the establishment survey showing a gain of 311,000 jobs. However, the index of aggregate hours actually fell by 0.1 percent, as the length of the average workweek fell back by 0.1 hour. Wage growth More

The post Strong Job Growth in February, but Hours Drop, and Wage Growth Slows appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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