Opinion
Labor Picture Less Worrisome Than It Appears
As the creator of a key Federal Reserve metric has noted, its use as a recession predictor may not be appropriate.
As the creator of a key Federal Reserve metric has noted, its use as a recession predictor may not be appropriate.
Pantheon’s Shepherdson finds that need for hiring amid solid economic growth calmed worries.
The 35-day closure will pump the jobless rate up to 4.1% for January, RSM’s Brusuelas says.
Productivity, industry concentration, working insecurity, and baby boomers make up Natixis economist’s list.
Labor demand likely strong enough to keep pushing unemployment down.
It boosts rates as part of an ongoing drive, reminiscent of the pre-Great Recession hiking.