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Stock April 2019 - "What is the Forecast for Job Creation in 2019?”

Stock April 2019 - "What is the Forecast for Job Creation in 2019?”

Excerpt

What is the Forecast for Job Creation in 2019?

According to a March 12, 2019 publication of the Bureau of Labor Statistics' TED: The Economics Daily, the February employment report did not report show a lot of jobs for the U.S. economy. Based on the report and averaging all sectors, only 20,000 jobs were gained during February 2019. Looking deeper at the individual sectors, the picture is more varied. "Professional and business services gained " 42,000 jobs during February. Similarly, "wholesale trade employment" maintained it's positive gains of 11,000 jobs during the same time-frame. However, the construction industry saw a loss of 31,000 jobs during February, despite gaining 53,000 jobs during in January 2019. Other sectors, such as retail, mining and the government, saw limited movement in job gains or losses. This is comparable to manufacturing's small gain of 4,000 jobs during the February time-frame. Other sectors, such as manufacturing's small gain of 4,000 jobs during February 2019, is like the other notable sectors included in the report. ............

 

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