Looking for takeoff in U. S. jobs
WASHINGTON (Reuters) – Sorting out trends in the U. S. labor market is tricky business these days. There is plenty of evidence to support the view that unemployment is stalled at 8. 3 percent for much of the year, and a case to argue that job growth is poised for takeoff. Three interlocking factors are seen in play – the pace of productivity gains, size of the labor force and the outlook for GDP growth. Dial any one factor up and it can change the jobs outlook significantly. . . .
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