I’d also say that the recession fears of last year seem to be a thing of the past when you look at this report.”ADThe number of jobs added for the month was well above the average of 176,000 jobs per month in 2019, and 223,000 jobs added each month of 2018. It’s another sign that the tight labor market is wooing more people back to the job market. The Labor Department also released data Friday showing that 514,000 fewer jobs were added between April 2018 and March 2019 than originally thought. Instead, what has become clearer is the job market remains fairly hot, but job growth has been gradually slowing since it peaked in 2014. Instead of job growth really accelerating in 2018, it looks more like it stayed pretty flat.”

Source: Washington Post February 07, 2020 13:37 UTC