Rising Employment Trend Continues Unabated

Rising Employment Trend Continues Unabated

I am tired of the folks who are pointing to this chart and saying “new record high!” That has been true since March of 2014 when we took out the high that had been set prior to the last recession. Give it a rest. The December numbers are good, as they should be. They...
Wage and Earnings Data Continue to Disappoint

Wage and Earnings Data Continue to Disappoint

The robust growth in employment continues to be confined to the hiring aspect of the phenonomen and not the compensation part of the phenomenon. The pace of weekly earnings growth just can’t seem to sustain what little momentum it has built over the past several...