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Mastercard to Gain from Improving Economy and Rising Retail Sales

Andrew Brunton
Mastercard to Gain from Improving Economy and Rising Retail Sales

A healthy job market and steady growth in wages have led to an increase in consumers’ disposable income and spending power. According to the U.S. Bureau of Labor Statistics, the unemployment rate in August was 3.9%. The current unemployment rate is hovering around 3.7%, its lowest level since the 1960s.