🚨🇺🇸 The U.S. economy just delivered a surprisingly strong jobs report. But there's a catch...
America added 165,000 jobs in October, more than DOUBLE the 65,000 economists expected.
Unemployment fell to 4.1%, and previous months were revised upward.
On paper, that's a pretty solid labor market.
But here's why so many Americans still feel squeezed: wage growth has slowed to 3.1%, while the war with Iran continues to push energy prices and inflation higher.
People are finding jobs, but that doesn't necessarily mean they're getting AHEAD financially.
And just days after voters punished Republicans over the cost of living, the report highlights a strange reality:
The economy can look healthy in Washington, while still feeling expensive at home.
Source: CNN
America added 165,000 jobs in October, more than DOUBLE the 65,000 economists expected.
Unemployment fell to 4.1%, and previous months were revised upward.
On paper, that's a pretty solid labor market.
But here's why so many Americans still feel squeezed: wage growth has slowed to 3.1%, while the war with Iran continues to push energy prices and inflation higher.
People are finding jobs, but that doesn't necessarily mean they're getting AHEAD financially.
And just days after voters punished Republicans over the cost of living, the report highlights a strange reality:
The economy can look healthy in Washington, while still feeling expensive at home.
Source: CNN
