Log In | Become a Member | Contact Us

Market Intelligence for Printing and Publishing

Connect on Twitter | Facebook | LinkedIn

Featured:     PRINT 18     Production Inkjet     Installations and Placements Tracker

Job Market Remains Resilient

Monday, June 10, 2013

Press release from the issuing company

With a gain of 175,000 jobs in May, the resilient labor market sustained moderate job gains this spring. The sequester, along with the negative impact from slowing global trade, are being offset by the continued contribution from the revival in the housing market and stronger consumption. Construction is hiring to build new homes (and repair some existing homes). Manufacturing, however, is basically flat outside of auto assembly. The real story is a sustained pick up in the service sector. Business is now hiring workers they have long needed but were leery of hiring if the economy continued to crawl forward. Can this surprisingly resilient labor market continue? The key is not just the number of new paychecks from new jobs, but the additional spending power to perk up spending. Business will have to hire if there is more demand for goods and services.  


Post a Comment

To post a comment Log In or Become a Member, doing so is simple and free



Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2018 WhatTheyThink. All Rights Reserved