wage growth

There was some rather important economic news yesterday, which could be summed up as "things are getting better."
The Federal Reserve's core guiding belief is that economic stimulus boosts economic growth, thus increasing employment opportunities, payrolls, tax revenues, corporate profits, retirement security and Wall Street wealth.
But the benefits still aren't standard.
Millennials in New York are more educated than the previous generation, but they're stuck in bad jobs with paltry pay.
Good news for consumers -- and possibly for Hillary Clinton.
140,000 new jobs added to nonfarm payrolls in February. What's Up with Hiring? The best indicators of what's in store for
Outside of the labor market, it has been a rocky start to 2016. Disappointing corporate profits, plummeting stocks and weak industrial production all point to an economy that slowed sharply late last year.
The Federal Reserve announced Wednesday that it is raising its benchmark interest rate, putting downward pressure on job creation in order to address long-term concerns about inflation and financial stability.