Jobs

Weaker job gains may weigh on outlook

Job gains are on a slowing trend through early 2018—except for a strong February—and becoming further concentrated in the West and Southeast. The slowing trend is the result of weakness in certain markets as much as the result of a tight labor market. Bad weather contributed to weak job gains in March, but it remains […]

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Job trends bolstering outlook for weak places in 2018

Job gains are supporting an outlook for sustained growth in 2018 and raising prospects for slower-growing places across the middle and Northeast part of the country—led by job gains in energy, mining and other goods industries. Although the strongest parts of…



Outlook supported by job gains despite weak spots

The Fall outlook for consumer spending is being bolstered by sustained job gains at a national level—although pockets of weak growth persist through the country’s mid-section and Northeast states. The weak spots—from Kansas and Wyoming to Alaska and West Virginia—remain depressed…



job trends

What do the latest jobs trends tell us about the outlook?

A post-election rally may be the best hope for a near-term outlook that appears relatively weak—modest at best—as the latest jobs data appear to confirm. Of most interest in the jobs data is a slight uptick in the unemployment rate and in the number of unemployed. This may be the first sign of the emerging […]

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job trends

Why July’s job gains do not ensure a strong outlook

Why will the U.S. spending outlook remain unevenly modest despite sustained strong job gains in July? It’s true that the gains are an encouraging sign. They show that the job market is overcoming the disruptions—primarily labor-strike and weather-related—that dramatically depressed the job market in May. However, the gains only paper over weak job growth in […]

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