The latest US jobs report showing 257,000 nonfarm jobs being created in January has been extremely positive. It shows a higher participation rate along and less-sluggish wage growth, indicating a more inclusive recovery, said Mohammad El-Erian, former CEO of PIMCO and a Bloomberg View columnist. The latest report showed wages grew 2.2 percent year-over-year while the month-over-month wage-growth was the …
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