Don’t Overlook Slowing Real Wages
The low unemployment rate may be grabbing headlines, but the slowdown in real wages is the real economic story, says Morningstar’s Bob Johnson.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. The U.S. economy added 178,000 jobs in November. I'm joined by Bob Johnson, he's our director of economic analysis, to look at this number and also at wage growth. Bob, thanks for joining me.
Bob Johnson: Great to be here today.