Market Overview

Morningstar Chief Economist 'Pleased To See Wages' Pick Up

Share:

Morningstar Chief Economist Robert Johnson spoke to Benzinga on the Friday jobs report.

Johnson said, “It was better than I had expected, I thought that maybe the jump we got in November would eventually reverse itself but it hasn’t."

All categories of the report looked good, according to Johnson, who was also “pleased to see wages” pick up.

Johnson was also encouraged by a lack of end-of-year revisions with no “earth-shattering changes” to past results and concluded that it was great news that “more people are looking for work” according to the data.

Kevin Riley and Brianna Valleskey contributed to this report.

Posted-In: morningstar Robert JohnsonAnalyst Color Exclusives Analyst Ratings

 

Related Articles

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
TEVASunTrust Robinson HumphreyInitiates Coverage On17.0
WIXGuggenheimInitiates Coverage On0.0
ZTSSunTrust Robinson HumphreyInitiates Coverage On100.0
BTUBMO CapitalInitiates Coverage On34.0
NVROBMO CapitalUpgrades67.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Trader Essentials
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

Exclusive: Richard China Spills About African Beer And Gives Final Advice On Investing In Africa

JMP Securities: GoPro Sellers' 'Open Net,' Investors Should 'Take That Shot'