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The time is now 1:31 pm
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April 25, 2024, 6:48 am
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Employment as a Percentage of the Total Employable Population is Decelerating.
Published:
The percentage of employed had been accelerating after the 2008/2009 down turn since about 2011-06 to 2014-10.
After 2014-10, the percentage of growth remained relatively constant till about 2016-11.
After 2016-11, the percentage began to decline and has been in deceleration mode since.
Best projections put the stall of employment by percentage in about 4 to 6 months.
This may indicate a recession starting in 2019, possibly well underway in 2020.
We need ultra fantastic employment numbers the next 6 months to reverse this trend.
Comments
"The numbers: An already soft report gets even weaker: The productivity of American businesses rose a revised 0.4% annual pace in the first quarter instead of 0.7% as originally reported. "
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