Despite the strong job growth,
wage gains slowed.
Not exact matches
But against the backdrop of
slow average
wage gains and record levels of household debt, she says, «it looks like the average Canadian is about to get into a pretty serious squeeze play.»
And for all the muddle, the one thing that seems clear is that the risks to the economy and particularly the labor market — which is generating solid job growth and even some
wage gains (for which we should all give Chair Yellen and the Fed serious credit)-- remain «asymmetric:» there's a greater risk of needlessly
slowing non-inflationary growth than there is of inflation accelerating.
The report also showed corporate profits rose at the
slowest pace in more than three years and smaller
wage gains at the end of 2011.
Much like in the American Wild West some 150 years ago, a
slow - motion violent battle is being
waged over who will
gain the rights to these priceless territories and the wealth of timber, gold, water and other resources they hold.