.jaketapper: 'Does the President get enough credit for the economy? It really is doing astoundingly well.' seungminkim: 'If he's not getting the sufficient credit for the economy it's, a lot of it, because he steps on his own message.'
at the open. Futures registered a brief dip before climbing higher., up 0.1% at 98.023. That's the highest level since Monday.What analysts are saying about April's strong job numbersin April, and the unemployment rate dropped to 3.6%. Here's how analysts are reacting.The Fed may have been right about the transitory effects we are seeing with inflation. The, but steady wages could help inflation stabilize in the coming months."Wage growth held steady at 3.
higher than much of the recovery, but still below the 3.5 percent level that would be consistent with the Fed’s targets for inflation and long-term potential productivity growth . Hopefully, as employment continues to rise, workers will see a sustained period of stronger wage growth, enabling them to claw back the labor share of corporate sector income that remains weak.
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