The Red Warning Flags In Today’s Employment Report

Summary: the key things to know about today's job report.  (Second of two posts today.) The December job numbers show that nothing has changed. The US economy remains locked in slow gear, slowly slowing. The exciting stories about growth are mostly noise or cherries picked from the flood of economic numbers. Combined with a hawkish … Continue reading The Red Warning Flags In Today’s Employment Report

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Three important things to see in today’s jobs report

Slow Economic Growth

The monthly jobs report creates a flood of exciting news stories.  Most of these discuss small fluctuations in its many numbers, most of which are just statistical noise. Here are three things you need to know about job and wage growth. They are the key trends seldom mentioned in the news. See my full report … Continue reading Three important things to see in today’s jobs report

The Important But Hidden News In The Jobs Report

Summary Jobs continued their trend: a long period of slow growth, second weakest since 1961 (2001-07 was worse). Worker's wages continued their slow growth, weekly wages up 2.1% YoY for private sector hourly workers. Slow growth doesn't create the imbalances & inflation that cause recession. This could run for another year, and perhaps longer. Such … Continue reading The Important But Hidden News In The Jobs Report