They’re About to Put the Brakes on Hiring

There are events the incorrect means up throughout the monetary system. We’re within the midst of 1. employers added 263,000 new jobs in November, and pay elevated 5.1% year-over-year. That is good news. It is also unhealthy data. First, the good news. Economists proceed to forecast a slowdown and some assume a recession is looming. … Read more

Opinion | A new jobs report is strong, but why is labor participation still low?

Remark this story Remark For essentially the most half, the roles numbers launched Friday had been glorious: stronger-than-expected job progress, near-record unemployment and hiring in most main sectors of the economic system. None of those measures signifies an economic system in recession, regardless of the perceptions among the many voters that we’re already in a … Read more