Not really. The Federal Reserve Philadelphia Bank President, Patrick Harker, recently noted: “We’re looking at a labor market more or less at full health, with very little slack.” In looking at the 4.4 U3 Unemployment rate for April 2017, this would...
In the month of May 2016, the employment situation continued its spring swoon with 664,000 people leaving the labor force. Over the last two months, 1,226,000 people left the labor force. In the six months prior, from October 2015 through February...
In the most recent monthly data published by US Department of Labor, Bureau of Labor Statistics, Payroll Employment rose by 175,000 and 42,000 in the Establishment and Household Surveys, respectively. The Establishment Survey gathers its data from...
Many recent articles related to the growth of jobs or lack thereof in the United States have pointed out the fact that the majority of the jobs that are being created in our current economy are low-paying service industry positions. At the same time...
