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Why Job Numbers Don’t Tell the Whole Story
The U.S. labor market is sending mixed signals. According to Marcus & Millichap, 162,000 jobs were added in August, with June and July numbers revised upward by a combined 55,000. Approximately 80% of
•schedule1 min read•Source: Connect CRE
The U.S. labor market is sending mixed signals. According to Marcus & Millichap, 162,000 jobs were added in August, with June and July numbers revised upward by a combined 55,000. Approximately 80% of August’s net job gains were primarily in food services, local government and health care. At the same time, hiring remains sluggish, and ...
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