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US Employment Growth Slows but Wages and Hours Strengthen

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 6, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    In terms of the details of April 2016's report, hiring in goods-producing industries remained under pressure (-3,000 in April) as mining employment declined for a nineteenth straight month. Manufacturing employment retraced only 4,000 of the cumulative 45,000 drop during the prior two months, with a strong US dollar likely responsible[​IMG]

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