Wage growth is stronger than headline figures suggest

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Rupert Hargreaves
Published on
Updated on

The US jobs market is probably one of the closest watched economic indicators this year. As Wall Street tries to second-guess when the Federal Reserve will make its move to raise interest rates again, US jobs market indicators have become a proxy for the general health of the economy and possible indicator of future rate hikes. Wage Growth Set To Weight On Profit Margins After a rocky start to the year, data releases during the past few months have shown that the US jobs market is in robust health. The US labour market expanded at a solid pace for the…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk