Strong US Employment Report for August: Analysis and Implications
Recently, economists and investors have been focused on the US employment report for August, which was released in early September. The data revealed surprising results, indicating an increase in job creation in the country. Specifically, the number of jobs added in August surpassed analysts' expectations, instilling optimism regarding the labor market and the economy as a whole.
Continue readingJob Growth in the U.S.: Lowest Increase Since 2021
Recent data from ADP shows that companies in the U.S. added the fewest jobs since 2021. In August, the economy created only 177,000 new positions, which is significantly lower than analysts' expectations. This indicates a slowdown in employment growth amid economic uncertainty and rising interest rates from the Federal Reserve.
Continue readingWeak US Workforce Growth: What Awaits Us in the Next Decade?
According to recent data, the US workforce is expected to grow by only 0.4% per year over the next decade. This indicates that the expansion rate of the labor market remains at a very low level, which can have serious consequences for the country's economy. Experts link this forecast to several factors, including an aging population, declining birth rates, and a steady rise in automation in production and service enterprises.
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