Economic Gains Likely to Tighten Job Market, Push Up Wages

August 9th, 2014
in econ_news

from the Dallas Fed

Economic indicators released over the past two months present a picture of modest growth thus far in 2014. In its first estimate, second-quarter gross domestic product (GDP) growth came in at an annualized 4 percent, putting first-half average growth at 0.9 percent. Job gains decelerated slightly from June to July, but payrolls are still expanding at a healthy pace. Meanwhile, the unemployment rate increased slightly to 6.2 percent in July.

Follow up:

[click on image to read the entire study]


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