U.S.: Are Hot Labor Markets Cooling Off?
That steam rising from the economy is coming from the labor markets. They are really cooking. At 4.9%, joblessness is now at a 23-year low. A record percentage of adults have jobs, and real wages are moving up, even at the lower end of the pay scale.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.