This Job Market Slump Started a While Ago

Started by tac, June 07, 2016, 07:28:51 AM

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tac

This Job Market Slump Started a While Ago

By Justin Fox

The sharp May hiring slowdown revealed in Friday's employment report took a lot of people -- including me -- by surprise. It shouldn't have. Things have actually been on the downswing for the U.S. labor market for months, according to the Federal Reserve's Labor Market Conditions Index.

http://www.bloomberg.com/view/articles/2016-06-06/this-u-s-job-market-slump-started-a-while-ago



Interesting read with a lot of data to understand.