How Bond Traders Profit Off Americans Earning $24.45 an Hour | Bloomberg

The 139 million workers that held non-farm jobs in July made an average $24.45 an hour, just a penny more than in the prior month.

It was the third time in five months that wages rose less than economists’ estimates.

On an annual basis, growth in hourly earnings in the past five years has been the weakest over the course of any expansion since at least the 1960s

via How Bond Traders Profit Off Americans Earning $24.45 an Hour – Bloomberg.

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