Home News Recession starting?  38,000 jobs in May

Recession starting?  38,000 jobs in May


“Break-even” job growth is 150,000 per month, on average, to keep up with immigration and graduations.

When jobs numbers like this drop dramatically, this usually precedes a recession.

While we’ve had job growth since 2009, it has not kept pace with the population growth.  The labor participation rate is at a low of 62%…in 2009, 80M were not in the labor force, and now it’s around 95M, leading to that low labor participation rate.

Read Full Story:95M not in labor force

Read Full Story: U.S. adds 38,000 jobs in May; unemployment falls to 4.7% – MarketWatch