Wage Growth Will Accelerate in 2015, Mark Zandi Says

While wages have remained tepid in recent years, Mark Zandi, chief economist at Moody's Analytics expects growth in 2015. In an interview with TheStreet's Scott Gamm, Zandi comments on Friday's February jobs report from the Bureau of Labor Statistics, the pros and cons of low oil prices and why the quality of jobs created will continue. Zandi says low oil prices will add 680,000 jobs over the next year. He also says job creation over 300,000 per month, the levels seen over the past few months, won't continue. Though he expects job growth to remain above 200,000 each month, in-line with last year's averages.