Three Financial Facts of the Week: January 13, 2016

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Chris Potter/Flickr

Fact #1
47.2% of the jobs added by the U.S. economy in 2015 came from low-paying sectors including retail, professional services and food services, leading to wage growth to rise at a slower pace than the overall jobs number would indicate.
Source: CNBC

Fact #2
According to a report by the Institute of International Finance, from 2008 to mid-2015, corporate debt in the BRIC countries (Brazil, Russia, India, and China) jumped from $8.9 trillion to $24.5 trillion.
Source: Investor’s Business Daily

Fact #3
The Labor Department announced that the number of job openings and hires both rose in November, indicating the highest worker confidence in the jobs market since the start of the recession.
Source: MarketWatch

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