- Wages grew at a slightly faster pace in March, and might have risen more were it not for blustery spring weather.
- The economy added just 103,000 jobs in March and wages rose 0.3 percent, or 2.7 percent year over year, slightly more than expected.
- The wage number was taken in stride by markets, which had been focused on the potential for a much higher than expected number.
- Fast growing wages would be a sign of inflation and that could mean the Fed would have to speed up interest rate hikes.
Read More: https://www.cnbc.com/2018/04/06/why-the-market-may-actually-like-this-jobs-report-wages-keep-growing.html