Similar Stories to Why The Fastest Wage Growth In 9 Years Spooked Investors on Bing News

In this segment from Motley Fool Money, host Chris Hill and senior analysts Andy Cross, Matt Argersinger, and Ron Gross reflect on a report from the Labor Department that showed U.S. wages rose last month at their fastest rate since 2009. Hourly wages were up 2.9% year over year, a decent degree of gain that could be viewed as long overdue, given the tight labor market and strong corporate profitability.However, Wall Street also viewed it as a harbinger of inflation, and the markets reacted accordingly.

Topics:  fool money   chris hill   andy cross   matt argersinger   ron gross   labor department   u.s    hourly   wall street   fools   fastest   wage   year   viewed   
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