Job Market Monitor
Economists
Minimum wage in US – Over 500 economists sign a petition to the President against an increase
The “recovery” from the Great Recession has been anemic. Business growth, job creation, and consumer spending remain tenuous. Since the official trough in June 2009, median income has fallen, real wages have barely risen, unemployment remains elevated, and because so many Americans have left the workforce entirely, the fraction of the population working is below … Continue reading
Canada | Labour Market roars back in March but economists are skeptical about recent swings in data
Bumpy patterns in Canada’s labour force survey are causing headaches for economists. The last jobs report showing a 82,300 employment gain was the biggest bump since the onset of the recession and the fourth-largest increase ever. Most economists are skeptical about both the outsized gain and the job market’s weakness in previous months. It also … Continue reading
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