The Employment Rate Continues to be Inconsistent with the Economy

As the employment rate increases, the economy staggers. Nationally, in December alone, workers increased payroll by 292,000 with the U.S. unemployment rate continuing to decrease. Torsten Slok, chief international economist for Deutsche Bank Securities in New York, described the trend as enigmatic; “It is a real mystery how you can have nearly 300,000 new jobs […]

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