The Oregon Biz Report - Business News from Oregon

Read about accutane journal moderate acne here

Signs of big change in retail

January 9, 2017 --

Jason-00011_cmyk by Jason Norris, CFA
Executive Vice President of Research
Ferguson Wellman,
A leading Oregon financial firm

The Friday jobs report was slightly on the light side with December payrolls coming in at 156,000, which was 19,000 below economist’s estimates. Positively, the previous two months showed 19,000 in upward revisions. However, wages grew at their highest rate since June 2009, coming in at 2.9 percent year-over-year growth. One theme in the December report was that employers said that they are finding it more difficult to find workers. As the labor market has tightened, especially among skilled workers, employers have had to increase pay to find and retain the best talent. The continued improvement in wages pushed the 10-year Treasury yield up 0.07 percent to 2.42 percent.  We believe this report reinforces the Federal Reserve view of two to three rate hikes in 2017.

Print This Post Print This Post    Email This Post Email This Post

Subscribe to Weekly Updates


Top Business News


Top Women's News


Top Natural Resource News


Top Faith News


Copyright © 2017, OregonReport. All Rights Reserved. | Terms of Use - Copyright - Legal Policy | Contact Oregon Report

Stay Tuned...

Stay up to date with the latest political news and commentary from Oregon Business Report through daily email updates:

Delivered by FeedBurner

Prefer another subscription option? Subscribe to our RSS Feed, become a fan on Facebook, or follow us on Twitter.

RSS Twitter Facebook

No Thanks (close this box)