Hiring boom says economy not running on empty

3 April 2016, 21:56
Francis Dogbe
Rapid gains in Americans finding jobs strongly implies the economy is running at above-average speed. But a broader measure of growth says the U.S. has stumbled since last fall. What’s to believe? Side with employment. Companies hire only if they are confident they can increase sales. Taking on more workers is also a sign that firms expect the economy to continue to improve. Here’s what the payroll numbers show. The U.S. added a healthy 215,000 new jobs in March. Monthly gains have averaged more than 200,000 since 2014 and the ... READ MORE
Share it with friends: