Commodity Trade Mantra

Posts Tagged ‘New Jobs’

Latest Jobs Data Confirms This Is The Worst Expansion in 30 Years

To get a better sense of the jobs situation in context, though, we need to look beyond the headline data & delve more deeply into what the BLS is reporting. When we take discouraged workers & involuntary part timers into account, we’re still experiencing some of the highest unemployment numbers in 20 years. And this is taking changes in the overall labor force size into account.

Hiring In The US Remains Far Below Pre-Recession Levels

While the US may have, somehow, recouped all of its post-recession job losses as was widely trumpeted everywhere on Friday, it sure didn’t achieve this courtesy of a vibrant hiring labor market. In fact, the pace of US hiring is still just about half of where it should be based on the pre-recession trends.

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