More Jobs, Flat Wages: Trade and the Trade Deficit Continue to Hurt Us

May 11, 2015

April’s employment report showed a gain of 223,000 jobs and a further one-tenth percent decline in the unemployment rate to 5.4%. The good news is the report shows the economy continues to nudge forward and create jobs for newcomers into the labor force. The bad news is the economy is not growing fast enough to raise wages.

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