Good and bad news for the US economy
Unemployment is at seven-year low, but wage growth is sluggish and labour participation at its worst level in four decades.
Jason Walls
Fri, 03 Jul 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The latest job figures from the US reveals 223,000 jobs were added last month, resulting in the lowest level of unemployment in seven years.
But the labour force participation rate – which measures the number of people who are either employed or are actively looking for work – dropped to 62.6%,
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Jason Walls
Fri, 03 Jul 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.