US Average Hourly Earnings Rise To 5.08% YoY, But Home Prices Rise 7.95% YoY (BAD Jobs Report)

Today’s Covid-19 impacted jobs report was lousy. The economy lost 140k jobs. The good news is that the unemployment rate remained at 6.7%.

Another piece of good information is that average hourly earnings YoY rose to 5.1% YoY in December from 4.4% in November. The bad news is that home prices (Case-Shiller 20) rose at almost 8% YoY.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.