You can see the curve sliding downward having reached a peak, on the BLS' underutilization rate, Table A-15, figure U-6.
Meanwhile, you can see that the weekly hours of non-farm, private employees from BLS' Table B-2 has begun to recover.
It almost appears that weekly hours should recover to pre-recession levels in about 6 months, which would then give pressure to hiring new employees, but the real job growth won't happen until very late this year, and mostly next year.
No comments:
Post a Comment