U.S. Job Growth and Business Cycles
U.S. Job Growth and Business Cycles Chart showing that U.S. job growth has recovered more slowly than in previous cycles. Image: CNBC
Keyword: job growth
U.S. Job Growth vs. Population Growth and Recessions
U.S. Job Growth vs. Population Growth and Recessions U.S. job growth continues to outpace population growth and does not point to an impending recession. Image: BLS
U.S. Job Growth by President
U.S. Job Growth by President Chart suggesting that President Trump is an “average” president on job growth. Image: Scotiabank Economics
U.S. Job Growth
U.S. Job Growth It is the 109th consecutive month of job growth. That’s a record. Image: Ryan Detrick, LPL Financial LLC
Where Has Job Growth Come from Since 2009?
Where Has Job Growth Come from Since 2009? From a bachelor’s degree (58 millions), some college (37 millions) and high school graduates (36 millions). Actually, this interesting chart shows the importance of education in finding a job. Picture Source: Bianco Research
105 Consecutive Months of Job Growth
105 Consecutive Months of Job Growth It is the 105th consecutive month of job growth. The U.S. unemployment rate rose to 3.7%, but is still at historically low levels. Even if there are signs that the U.S. job market is slowing, it is still strong for the time being. Image: Leonard Kiefer
U.S. Consumer Spending and Nonfarm Payroll Growth
U.S. Consumer Spending and Nonfarm Payroll Growth U.S. consumers may spend less going forward. Slower job growth usually leads to a slowdown in consumer spending. Image: BofA Merrill Lynch Global Research
Fed Funds Rate Expectations
Fed Funds Rate Expectations Muted inflation and moderation in job growth could support a Fed rate cut in June. Image: Oxford Economics
U.S. Total Nonfarm Payrolls and Recessions
U.S. Total Nonfarm Payrolls and Recessions Total nonfarm payrolls increased 224K in June, well above expectations, which should calm fears of a near-term recession. The job market is still strong, even if there are signs it is slowing down. Actually, nonfarm payroll growth tends to decline before a recession. You may also like “What Is…
Why Potential GDP Has Been Cut in Half Since the 1950’s?
Why Potential GDP Has Been Cut in Half Since the 1950’s? The main reason is a lower productivity than previous business cycles, due to: – lower population growth – the service sector is growing faster than the industry sector – lower quality jobs in the service sector have a lower productivity than in the industrial…