The creation of 300000 jobs final month sounds much but wages and manufacturing data are just as important,and both point to weaknessIt seems just like the good worn days. Almost 300000 jobs were added to payrolls in America in the final month of 2015, continuing the upward trend of recent months. The US is once again living up to its reputation for being a gigantic jobs machine.
Well, or perhaps. Jobs are certainly being created at a good lick and the US has an unemployment rate – 5% – that the eurozone,at 10.5%, would die for. There are signs that people who had given up hope of finding work are being encouraged back into the labour market. Related: China closes 2% higher while US job figures beat forecasts – live Continue reading...
Source: theguardian.com