no no. Wage growth has shown momentum recently. Average hourly earnings increased 2.5% in January compared to a year ago," writes Patrick Gillespie at CNN Money. "...Until recently, wage growth has been the one factor missing from America's recovery from the recession. As the unemployment rate remains low, many economists expect Americans to see paychecks go up."
Manufacturers also created the most new jobs in a year, with payrolls rising by 29,000. Makers of food products led the way
EUR/USD 1.11220 1.11235 1.5 -0.00850 -0.76