Opinion | The Recovery Is Reaching Its End

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Opinion: Only now has job creation begun slowing down—implying that labor-market slack is almost eliminated and the economy is getting close to the end of a long recovery

When unemployment dropped below 5% three years ago, some economists, including at the Federal Reserve, concluded that the labor market had topped out—that those still out of work would never get jobs. Three years and nearly eight million additional jobs later, it’s clear they were wrong.

Only now has job creation begun slowing down—implying that labor-market slack is almost eliminated and the economy is getting close to the end of a long recovery. That doesn’t imply that recession is imminent. It is possible to continue at...

Source: News Formal (newsformal.com)

 

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Here is our community predictions on Slack's market cap at the end of the first day trading

I'm 66, still have to work until I die!

Yeah, because Obama made it happen. Trump & his corrupt administration will certainly cause a major demise in our present and future lives. I promise if he’s re-elected chaos will foster like the past plagues. Indefinitely,I presume.

Of course it is, those tax cuts helped no one but the rich. Trump is the worse President seen or read about. He will break this country if we let him.

Trump hyped his job creating magic but stats show it was only the momentum Obama started. But stupid potus felt he had to put US into its highest debt ever to stupidly try and ramp it up. But $trils later it didn’t change what Obama started.

Good. That means able bodied homeless people no longer need to be homeless....................unless they WANT to.

😘😉

slackers all have jobs

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