Feb 5, 2010
| Last Updated
EXECUTIVE SUMMARY
As to the jobs outlook in the U.S., there’s good news, and there’s bad news. The good news is that the leading indicators are pointing toward payroll gains, including average workweek and temporary employment. Also, manufacturing and several services are showing job gains. The bad news is that the economy is still shedding jobs, and the unemployment rate will increase going forward as discouraged workers reenter the labor force. The U.S. economy is unlikely to grow fast enough to create the large number of jobs needed to reabsorb all of these workers and reduce the[...]
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