The fortunes of the labor market are the economic indicators we perhaps feel the most as individuals. For our labor market forecast, we use two distinct metrics. The first is the “payroll report” from the Department of Labor, which indicates the number of jobs lost or created each month, and is broken up by sector. The other is a division of the number of people who have looked for work in the prior four weeks but who do not have a job, by how many people are currently in the labor force.
To help you understand this sector, our highly experienced Kiplinger Letter team will update you on major developments (Get a free issue of The Kiplinger Letter or subscribe). Here’s the latest forecast… Here is our latest labor market forecast…
