Where The April Jobs Were: It Was All About Minimum Wage Again - InvestingChannel

Where The April Jobs Were: It Was All About Minimum Wage Again

“How is it that with the labor market supposedly near full employment, and the unemployment rate sliding to another post-recession low of 4.4%, wages simply can not rise? The answer was once again to be found in the quality of jobs added… April disappointed: according to the BLS, the bulk of jobs added were once again in low or minimum-wage sectors such as leisure and hospitality…”