Employement Trends

During economic recessions, employment data has become a very important economic indicator. Increasing unemployment is a sign of decreasing consumer spending and economic slow down. Here are some employment related indicators that are useful in assessing economic conditions: 1. Unemployment Rate (See Graph of Unemployment Rate) Unemployment Rate leads economic downturn and lags economic recovery. 2. Weekly Earnings (See Graph of Weekly Earnings) Higher Weekly Earnings bodes well for the economy. 3.  Total Layoffs (See Graph of Total Layoffs) Layoffs […]

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