Japan has a 2.5% unemployment rate and a higher labor participation rate than America so its labor market is tight. However, economists are only expecting 1% wage growth in Japan in 2018. Will America become Japanified?

via upfina: The April jobs report in the US wasn’t great as there were misses across the board. The total jobs created was 164,000 which missed estimates of 191,000. The participation rate missed estimates for 62.9%, coming in at 62.8%. …

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Trump Economy Has Record-Low Unemployment

https://youtu.be/TWO6ylVEDmM TheHill: “14 states hit record-low unemployment” Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work. The states hitting new unemployment lows …

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14 states hit record-low unemployment

Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work. The states hitting new unemployment lows run the ideological gamut, from conservative Texas …

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Trump: 4.9% Unemployment Is A Phony Number… "The economy is having the worst — it’s so bad. Hey, Bill, every time I go out, I have packed auditoriums, packed rooms because people don’t have jobs. They don’t have the jobs they want.”

https://www.youtube.com/watch?v=uV8W6S0OJJU Bill O’Reilly asked GOP presidential candidate Donald Trump if President Obama should receive any credit for the latest unemployment rate of 4.9 percent. TRUMP: “Look, you can’t give credit. The economy is having the worst — it’s so bad. …

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