Friday, October 04, 2019

"Main Street economy is strong."

In the Conservative Treehouse, Sundance brings us some economic news.
The Bureau of Labor Statistics releases the September jobs report. 136,000 jobs were added to the economy and the unemployment rate falls to 3.5%, the lowest since 1969.

Demand for workers remains strong (Table A-1). Overall employment is very stable across all sectors (Table B-1) and wage growth is strong (+2.9%). Additionally, inflation is low; that means more disposable income. The Main Street economy is strong.
Read more here.

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