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
U.S. Job Growth and Business Cycles Chart showing that U.S. job growth has recovered more slowly than in previous cycles. Image: CNBC
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 Chart suggesting that President Trump is an “average” president on job growth. Image: Scotiabank Economics
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? 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 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. Job Openings vs. U.S. Implied Earnings Growth The decline in U.S. job openings may not bode well for earnings growth. Image: Morgan Stanley Wealth Management
Difference Between Number of Jobs Available and Number of Unemployed Americans vs. Annualized Wage Growth U.S. wage growth is expected to remain strong in the short run. Image: J.P. Morgan Asset Management
Fed Funds Rate vs. U.S. Job Openings (JOLTS) Declining employment and wage growth would allow the Federal Reserve to make substantial cuts in interest rates. Image: BofA Global Investment Strategy
U.S. Labor Market – Net Job Gains Job growth in the United States is expected to slow significantly in 2023 compared to 2022. Image: Goldman Sachs Global Investment Research