Employment Data Confirms Economy Is Slowing | ZeroHedge
Authored by Lance Roberts via RealInvestmentAdvice.com,
While coming in much stronger than expected, the latest employment data confirmed what we already suspected: the economy is slowing. The reason the employment data is so important is that without employment growth, the economy stalls. It takes, on average, about 200,000 jobs each month to keep up with population growth, which ultimately keeps the economy growing. That is because, as discussed in last week’s #BullBearReport, (more…)