Stronger Than Expected Jobs Creation But CNBC Reports "Trouble Lurked"

CNBC, the nation's No. 1-rated TV financial channel, reported that the news on jobs was good but ominously added, "Beneath the surface, though, trouble lurked."

"The economy added 222,000 in June but wage growth remains muted at just 2.5% annually," according to CNBC. "Even a 4.4% unemployment rate hasn't been able to put pressure on salaries, which are growing at just a 2.5% rate annually."

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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Carolinas Wealth Management

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