The Many Sides of the Employment Report
Our newest jobs report confirmed we have had a low hire, low fire economic landscape. Let’s take a look. Low Hire, Low Fire. In a delayed January report, the numbers were mixed. Looking back, they reflected unexpectedly weak job growth for the past 2 years. Subtracting close to 600,000 million more jobs than we thought we had lost, the report confirmed a low hire, low fire scenario. Looking ahead though, the January jobs added number, at 130,000, was higher than expected. Although those jobs were concentrated in the healthcare sector, they could signal a step away from stagnation. In addition, we have ascending average wages while the length of unemployment is shrinking. ….[READ]
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by budgetbuddy.
Publisher: Source link
Publisher: Source link
