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.
The following two tabs change content below.
Jeremy Jones, CFA
Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- Are Canadian Banks in Trouble? - March 22, 2019
- Fed Delivers a Sucker Punch to Retired Investors - March 21, 2019
- Is This a Generational Opportunity in Foreign Stocks? - March 21, 2019