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30
Apr
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The jump we saw in January might have been a side effect of the government shut down, as supply chains were affected. But the recent absence of further improvement in the trend of this series is a concern. Slack work conditions are those where employees work fewer hours because their firms don’t have enough activity […]

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29
Apr
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The rise in part-time employment in the last recession was the most transformational event in the labor market since the entry of large numbers of women into the workforce. The high level of part-time employment is also largely responsible for the lethargic growth of wages and income. Any rebound in this series should be viewed […]

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26
Apr
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It is extremely important that we continue to see this series continue to move higher. Not only because downturn here are associated with recessions, but because full-time work is better compensated, which helps to support and promote rising consumer spending. Without a healthy consumer sector, it is difficult to attain and sustain high rates of […]

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23
Apr
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After showing some progress over the course of 2018, wage growth appears to have stagnated early in 2019. While the unemployment rate suggests a tight labor market, the pace of compensation gains suggest little, if any, effort by employers to attract and retain employees through higher wages. Subscribe now!

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17
Apr
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Manufacturing employment growth, which had been slowing since last October, turned negative in March. Whether this is a temporary phenomenon such as the lulls we have seen in this sector several times earlier in this expansion or the beginning of something more ominous remains to be seen. Still at issue is what effects the changes […]

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