05/18/2024

Hiring Ends Year on Strong Note, but Wage Growth Remains Sluggish

The U.S. economy closed out last year with robust job gains but a sharp slowdown in overall economic output, conflicting signals that could set 2016 off on the​same​slow-and-low trajectory that’s been a hallmark of the expansion.

Yet this year will play out against two new wild cards that could weigh on the economy: a Federal Reserve that expects to continue the process of raising short-term interest rates after years near zero and…

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