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Posts made in January, 2017

Weekly Economic Update, January 9 – 13, 2017

on Jan 13, 2017 in Announcements: Financial Planning, General Parrott Insurance News

RISING WAGES, MODERATE HIRING IN DECEMBER The Department of Labor’s latest employment report shows the average hourly wage at $26.00 last month, up 2.9% in a year. That is the largest annualized wage increase seen since June 2009. Payrolls expanded by 156,000 additional hires in December, leaving total 2016 job growth at a 5-year low of 2.2 million. (This...

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