Morningstar (June 3)
“Job and wage growth” finally appear to be “moderating, and that’s good news.” This can get hidden by monthly volatility. However, the three-month rolling average of job gains “stood at a lofty 602,000” in February. “It’s now 408,000.” The economy looks to be “shifting to a steadier, healthier pace of growth.”
Tags: Economy, February, Growth, Healthier, Job, Job gains, Moderating, Rolling average, Steadier, Volatility, Wage growth
Washington Post (July 10)
“Is the full-time American job going the way of the dodo? The signs aren’t exactly heartening.” Part-time work has been rising, working hours declining and low-wage work increasing as part of an ongoing, long-term trend. The use of temporary workers through staffing agencies has also increased. “Left to its own devices, the American economy is eroding the American job. Hours decline, dragging take-home pay down with them.”
Tags: Economy, Employment, Full-time, Job, Part-time, Pay, Staffing agencies, Temporary workers, U.S., Wages, Working hours
