MORE JOBS: Employers added 132,000 new jobs in June, sufficient to hold the unemployment rate at 4.5 percent, where it has stood for three months.
SLIGHTLY HIGHER WAGES: Workers saw modest wage gains in June. Average hourly earning rose to $17.38, a 0.3 percent increase from May.
GAINING STRENGTH: The government statistics provide fresh evidence that the once-listless economy is regaining energy.
Every quarter the government says they are going to reign in growth, and every quarter the rate of growth gets faster and faster.
and your point is?..
My point is either they are not very good at their job or they aren't trying very hard. If I were China I would be extremely worried about the economy overheating and inflation rearing its ugly head. That combined with the rising value of the yuan hurts its exports. A slower growing economy will mitigate these risks.
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