The next jobs report is expected to show slower but still substantial job growth, in the latest sign of cooling due to Federal Reserve interest rate hikes. Nonfarm employment is expected to rise by about 234,000, according to the consensus forecast among Wall Street economists surveyed by Bloomberg. That’s substantially […]
Tag: employment
“U.S. Manufacturing is Booming” say Economists, but Employment and Production Still Lag Behind
The United States’ manufacturing sector has grown for the ninth straight month in a row. This glowing trend suggests the pandemic recovery is picking up steam, with persons, households and businesses investing more on long-term physical buys. In February 2021, the Purchasing Manufacturers Index (PMI) clocked in at 60.8— the […]