Average Hourly Earnings

Welcome to the June 3rd edition of This Week on Estimize - Economics. Once again, the team is joined by the Chief Economist of McGladrey, Joe Brusuelas. In this episode Leigh and Joe discuss the potential of a minimum wage increase, how retail sales no longer fully represent activity in...

Non-Farm Payrolls rose faster than expected in June as teenagers began to take summer jobs. The unemployment rate remained flat in the month while manufacturing payrolls slumped. Stocks gained as bonds and precious metals sold off on the news as markets began to price in more or sooner tapering of...