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NAFCU Chief Economist Curt Long Statement on November Jobs Report
Washington (Dec.2 , 2016) - National Association of Federal Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Dept.'s November employment report.
"November was a bit of a mixed bag as far as jobs were concerned. While the headline figure for job growth is a positive, both labor force participation and wage growth declined," said Long. "Still, the report provided no impediments for a rate hike from the Fed later this month, and a quarter-point increase is now a certainty."
The National Association of Federal Credit Unions (NAFCU) is the only national trade association focusing exclusively on federal issues affecting the nation's federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy,educationand compliance assistance. For more information on NAFCU, go towww.nafcu.orgor @NAFCU on Twitter.
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