Watch out as U.S full time employment peaked in 2023 June.
While the U.S. nonfarm payroll growth is still averaging 0.12% , just slightly below the average long term 0.14% growth in the past 12 months, the full time employment picture is somewhat grimmer.
The U.S. full time employment peaked in 2023 June, and since there is approximately 1.7 million less full time employee. Probably not a sign for a healthy labour market.
The U.S. full time employment peaked in 2023 June, and since there is approximately 1.7 million less full time employee. Probably not a sign for a healthy labour market.
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