8chan/8kun QResearch Posts (2)
#6813610 at 2019-06-22 06:58:09 (UTC+1)
Q Research General #8715: Memorable Night on South Lawn w/FLOTUS & POTUS Edition
>>6813606
Resignations in the news today - part 3
Kevin Kelly has resigned as head coach and founding father of Thomas Jefferson's football program to join Chalmette
https://www.theadvocate.com/new_orleans/sports/high_schools/article_95f664c2-9477-11e9-8d43-4738bbdcb93e.html
Longtime San Fernando Priest retiring Saturday
https://foxsanantonio.com/news/local/longtime-san-fernando-priest-retiring-saturday
Doug Ford's chief of staff resigns following patronage controversy
https://www.cbc.ca/news/canada/toronto/dean-french-resigns-1.5186053
Washoe Court Family Judge Doherty retiring
https://www.kolotv.com/content/news/Washoe-Court-Family-Judge-Doherty-retiring-511650992.html
Dartmouth director resigns same day report released on lost student hiker
https://www.vnews.com/Dartmouth-official-resigns-from-outdoor-programming-office-26463661
SF Bookstore's Bill Hatfield is Retiring
https://news.sfcollege.edu/2019/06/21/sf-bookstores-bill-hatfield-is-retiring/
Nautilus chief financial officer Nayar resigns
https://www.columbian.com/news/2019/jun/21/nautilus-chief-financial-officer-nayar-resigns/
USM Dean of Students Eddie Holloway retiring after 40 years
https://www.hattiesburgamerican.com/story/news/education/usm/2019/06/21/5-lessons-southern-miss-eddie-holloway-has-learned-retiring-after-40-years-dean-students/3753756002/
Mansfield superintendent to retire in 2020 after leading district's academic success
https://www.star-telegram.com/news/local/education/article231838573.html
President of Dayton region's largest company announces departure
https://www.bizjournals.com/dayton/news/2019/06/21/president-of-dayton-regions-largest-company.html
Judge In Pennrose Lawsuit Against Moorestown Residents To Retire
https://patch.com/new-jersey/moorestown/judge-pennrose-lawsuit-against-moorestown-residents-retire
Gullett retires from Leavenworth schools
https://www.leavenworthtimes.com/news/20190621/gullett-retires-from-leavenworth-schools
Texas Roadhouse president Scott Colosi announces he is retiring
https://www.courier-journal.com/story/money/2019/06/21/louisville-based-texas-roadhouse-president-Scott-Colosi-retires/1526085001/
New Castle Police Chief Ferry to Retire Next Week
https://www.theexaminernews.com/new-castle-police-chief-ferry-to-retire-next-week/
Coast Guard Research and Development Center Technical Director Retires
https://www.military.com/daily-news/2019/06/21/coast-guard-research-and-development-center-technical-director-retires.html
#3743289 at 2018-11-05 20:06:08 (UTC+1)
Q Research General #4754: Ad Rem Edition
Wage Growth Hits 3.1%, Cinching Fed Rate Hike In December
The U.S. economy added 250,000 jobs in October as the unemployment rate held at 3.7%, the Labor Department reported on Friday. Wage growth, the key number for investors worried about Fed rate hikes, accelerated more than expected to 3.1%, the fastest since early 2009. The momentum for wage growth virtually locks in another Fed rate hike in December.
Wall Street economists expected 190,000 jobs, 3.7% unemployment and 3% average hourly wage growth.
While there's one more jobs report before the Fed meeting on Dec. 18 and 19, the big wage hike announced by Amazon (AMZN) last month should ensure that wage growth doesn't relapse in the next report.
On Oct. 2, Amazon embraced a $15 minimum wage, responding to political pressure. Then, facing pressure from blowback from moderate-earning employees, Amazon bumped up pay for those making close to $15. Wage hikes were set to take effect on Nov. 1.
This week's earnings reports offered more evidence that wage pressures are finally bubbling up. Texas Roadhouse (TXRH) reporting wage inflation of 5.3%. President Scott Colosi noted on an earnings call that "the competition for employees and wage rate pressure is more intense than they (managing partners) can remember and it seems likely to continue in 2019."
Other evidence of broad wage pressures emerging in recent months included Microsoft (MSFT) reportedly handing out six-figure bonuses amid competition over cloud-computing employees. Costco (COST) hiked its starting pay by $1 an hour in June. Cheesecake Factory (CAKE) has said its wage growth has jumped to a range of 6% to 7% vs. prior expectations of 5%. Walt Disney (DIS) theme park workers in Florida recently approved a contract that will hike their starting wage by 50% to $15 over three years.
https://www.investors.com/news/economy/jobs-report-wage-growth-9-year-high/