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Re: U.S. Added 136,000 Jobs in September; Unemployment Rate at 3.5%

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 04 Oct 19 3:28 PM | 37 view(s)
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It would also be fair to say that a country with full employment is unable to add jobs faster than the growth rate of the working population.

Not that I think the economy is thriving. But I think we are beyond the point in the cycle where labor is a useful measure of success. It's about GDP growth and wage increases now.


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The above is a reply to the following message:
U.S. Added 136,000 Jobs in September; Unemployment Rate at 3.5%
By: clo
in ALEA
Fri, 04 Oct 19 3:18 PM
Msg. 32086 of 54959

U.S. Added 136,000 Jobs in September; Unemployment Rate at 3.5%
The numbers suggest that the economy is slowing as global growth weakens and the trade war hurts manufacturing.

http://www.nytimes.com/2019/10/04/business/economy/jobs-report.html?action=click&module=Top%20Stories&pgtype=Homepage


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