With the weak U.S. Retail Sales as the background, attention has focused again on the pillar of hope in the current U.S. economic picture – Employment. Last week we saw U.S. employment come in with a knockout +295K. The strength of the figure led some to question whether U.S. employment growth is peaking. Friday’s Retail Sales figures provided no relief to such a view. How much longer the U.S. labor market keep it up? U.S. Labor Market: A Look at the Month-over-Month Pictures First, some background. Here’s a look at the month-over-month U.S. employment figures over the past few years….
How Much Longer Can the U.S. Labor Market Keep it Up? Hint: It's a While.
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.