Insights from our Economists
Strong Jobs Report Bodes Well for Solid Holiday Spending and Start to 2020
Total nonfarm payroll employment increased by 266,000 in November, and the numbers for September and October were revised up. While today’s gain was inflated by the return of the GM strikers to work, the job gain was still much stronger than expected. Today’s job report, more than any other report in recent months, squashed any lingering concerns about an imminent recession in the US economy. Employment growth also shows no signs of slowing further despite the historically low unemployment rate.
Archives
- The Conference Board Economic Forecast for the U.S. Economy
- Jobs Report: Employment Growth Stronger Than Expected
- US Growth Performance Does Not Disappoint
- The Conference Board Economic Forecast for the U.S. Economy
- Jobs Report: Job Market Still Strong but Gradually Losing Some Steam
- The Conference Board Economic Forecast for the U.S. Economy
- Jobs Report: Employment Keeps Slowing, But Only Gradually
- The Conference Board Economic Forecast for the U.S. Economy
- Jobs Report: Slower, but Still Solid Job Growth Further Tightens Labor Market
- US Economy Continues Decent Growth Pace
- The Conference Board Economic Forecast for the U.S. Economy
