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Recovery in employment continues, slowly [ClearOnMoney]
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Recovery in employment continues, slowly

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Commentary

Recovery in employment continues, slowly

6 Apr 2012 by Jim Fickett.

The number of jobs continues to grow (1) faster that the rate of population growth, but (2) too slowly to really restore the pre-crisis employment situation any time in the foreseeable future. The year-over-year growth rate in jobs, the single most important indicator, remains low by historical standards, and leading indicators suggest it may not pick up. It did decelerate slightly, in the latest month, from 1.6% to 1.5%, but it is impossible to say, at this point, whether this is a change in trend or just noise.