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Private Sector Job Growth

Summary:
Just a follow-up chart to our weekend post, Job Creation: Reality v. Politics,  to reflect the sharp downshift in private-sector job creation.  The 3-month moving average of the change private-sector payrolls is now at its lowest level since July 2012. As we said, it is a difficult proposition to generate robust job growth with a shrinking labor pool and an unemployment rate at 3.5 percent, which we believe is a flawed measure.  See here.  Share this:Like this:Like Loading...

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Just a follow-up chart to our weekend post, Job Creation: Reality v. Politics,  to reflect the sharp downshift in private-sector job creation.  The 3-month moving average of the change private-sector payrolls is now at its lowest level since July 2012.

As we said, it is a difficult proposition to generate robust job growth with a shrinking labor pool and an unemployment rate at 3.5 percent, which we believe is a flawed measure.  See here

Private Sector Job Growth

Gregor Samsa
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