The top-line number of today's employment report - plus 204K - grabbed the attention of market observers today.
The report, though, contained some interesting details on the state of the labor market by industry.
Here are those details.
The following figure is employment growth in the retail sales industry since 2009. Overall, employment in the industry is up 3.5 percent since bottoming in 2009 (the actual bottom was December 2009).
Additionally, the retail sales recovery happened about in line with the total employment recovery, represented by the change in color from red to green.
Employment in retail industry
As a general observation, analysts generally are not much excited about the retail sales...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
