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Re: Tuff-Stuff post# 108523

Wednesday, 12/16/2015 3:34:51 PM

Wednesday, December 16, 2015 3:34:51 PM

Post# of 120381
Some good reading here:

http://joebrusuelas.tumblr.com/post/134923605852/2016-economic-outlook-households-residential

LABOR MARKET OUTLOOK

The U.S. economy will continue to generate about 175,000 to 200,000 jobs per month, reflecting moderation in overall hiring after the release of pent-up demand during the past few years. The composition of hiring should remain slightly tilted toward higher-paying jobs.

Meanwhile, the labor market is tightening with only about 1.43 unemployed persons available for each job opening. This indicates firms are facing challenges finding skilled and semi-skilled workers. It also implies wages and salaries will likely accelerate above 3 percent in the near term.

We expect a decline in the unemployment rate to 4.7 percent by the end of 2016 with risk of a lower unemployment rate as the economy moves past full employment. This poses a risk of escalating wage demands next year.

Small Cap plays: #board-865
Big Board plays: #board-711

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