Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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"I've been investing 40 years yet I still learned new concepts; one of the finest young commentators" - Michael Yardney, Amazon #1 bestseller.

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Monday, 7 August 2017

US unemployment falls to 4.3pc

US recovery powers on

US employment increased again for a record 82nd consecutive month in July, up by +209,000.

Over the past 3 months payrolls gains have averaged +195,000.


The unemployment rate ticked down to 4.3 per cent.


Despite this low unemployment rate - and the longest unbroken spell of employment growth on record - average hourly earnings growth remains relatively subdued at +2.5 per cent.