Does the Jobs Report Mean The Economy is Fine or Is Another Recession Coming?

Does the Jobs Report Mean The Economy is Fine or Is Another Recession Coming?

0 0 7 months ago
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Job growth ended 2018 on a powerful note, with the economy adding 312,000 new non-farm jobs in December. Unemployment rose to 3.9 percent as more people entered the job market and the labor force participation rate increased to 63.1 percent. A broader measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons held steady at 7.6 percent. Is the economy truly booming? What’s going on beneath the surface? Richard Wolff, a professor of Economics ... See More

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