Newsroom

FOR IMMEDIATE RELEASE

Washington(Dec. 8, 2017) -- National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department's November employment report, released this morning.

"This was a solid report, albeit one that failed once again to show ever-elusive wage growth," said Long. "But the addition of 230,000 jobs combined with steady unemployment will not give the Fed any pause as officials prepare to raise rates later this month."

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The National Association of Federally-Insured Credit Unions 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, education and compliance assistance. For more information on NAFCU, go towww.nafcu.orgor@NAFCUon Twitter.

Jacqueline Ramsay
jramsay@nafcu.org