The job creation numbers are slowing down yet I don’t think that is due to a catastrophic economic slowdown. The most recent jobs report shows that we have 50-year record low unemployment that is holding month-to-month. The average hourly wage rate is rising at over 3%. These factors are signs of a still-strong economy settling in to a cruise control speed for the time being. What is an ongoing problem is hiring…a problem due to a nearly full (100%) employment situation. In fact, the latest jobs report revealed there are 6.7 million job openings and a total of only 6.4 million unemployed people available to fill them. To say it… Read More
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