KQED Nightly Business Report November 5, 2016
About asking for a raise, now may be the time. Todays employment report showed a pickup in average Hourly Earnings, as businesses raise pay in order to attract a smaller pool of available workers. According to the Labor Department, the economy added 161,000 jobs last month. The Unemployment Rate ticked lower to 4. 9 . Average Hourly Earnings rose. 4 to the fastest annual pace since the end of the great recession. Hampton pearson has more on the last jobs report before the election, and what it may mean for wall street, main street and the fed. Reporter there was an october surprise in the fina...