US labour market – no sign of a major slowdown underway

Created
Mon, 11/12/2023 - 08:00
Updated
Mon, 11/12/2023 - 08:00
Last Friday (December 8 , 2023), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – November 2023 – which showed payroll employment rising by 199,000 which is a good sign. The unemployment rate also fell as employment growth outstripped the growth in the labour force –…