Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

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.