The latest U.S. jobs report is a mixed bag, according to Creighton University economics professor Ernie Goss, who specializes in Midwest manufacturing.
The good: The economy added 431,000 jobs last month.
The bad: U.S. labor force participation was still well below Feb. 2020’s mark.
The ugly: Even with higher wages paid by employers, inflation-adjusted hourly wage growth rates (see this graph) have remained negative since March 2021. 4/4/2022
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