Wages Front News Today

global health emergency, but the declaration comes with a warning. on wall street, the dow jumps 400 points this morning with good news from the banking industry, and a jobs report that beat most expectations. overnight, a major twist in one of the bloodiest fights in ukraine, in a furious announcement posted online, the head of russias wagner mercenary group threatens to pull his troops out of bakhmut next week. at the southern border, officials say more than 2,000 migrants a da...

>> good morning. 11:00 a.m. eastern, 8:00 a.m. pacific. im jose diaz-balart. just moments ago, you saw it here on msnbc, president biden delivering an address defending democracy and freedom at the pointe du hoc ranger monument in normandy, france. 80 years ago there at pointe du hoc, u.s. army rangers scaled the 100 foot cliffs overlooking omaha and utah beaches on d-day. it is about seven miles west of the normandy american cemetery, also where in 1984 then president ronald reagan de...

As for where the jobs strength was, we saw the biggest gains in industries like healthcare, government, leisure and hospitality, those three, by the way, together, accounted for more than half the gains in the headline number. on the wages front, jose, we did see average hourly earnings increase by a higher than expected amount, .4%, higher than on a month over month basis, which is 4.1% higher than a year ago. on balance, generally positive report, which does mean the fed may not be having the ...

Last couple of months got revised markedly lower. we got jobs growth, but not massive jobs growth. on the wages front, were seeing broader signs of wage growth. average hourly earnings rose by half a percent month over month, making the year over year gain around 4.4% for april. it is worth noting because both of those measures were actually hotter than forecast. what this now suggests is that the fed has the ability to actually pause at least for a little bit and not raise interest rates until ...