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Job Market Booms

May 9, 2018 By Jeremy Jones, CFA

The job market is booming. There is now a job opening for almost every unemployed American. Regulatory reform and a massive corporate tax cut have no doubt helped bigly 😉.

This is the best job market in two decades, and the highest number of job openings to the number of unemployed since the Labor Department started keeping track on a regular basis. Based on the historical relationship, it shouldn’t be long before wage growth starts accelerating.

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Jeremy Jones, CFA
Jeremy Jones, CFA, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. CNBC has ranked Richard C. Young & Co., Ltd. as one of the Top 100 Financial Advisors in the nation (2019-2022) Disclosure. Jeremy is also a contributing editor of youngresearch.com.
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