US payrolls have been expanding consistently.
The mix of jobs and wages has been improving.
Even the “worry zones” are seeing employment growth.
Of course investors ought to avoid complacency, but facts — not rumor and speculation — are their best guard against investment mistakes. Despite the worries we see around the world, one of the most critical considerations for investors is the health of the business cycle. And the most important feature of any business cycle is the employment situation.
The mix of jobs and wages has been improving.
Even the “worry zones” are seeing employment growth.
Of course investors ought to avoid complacency, but facts — not rumor and speculation — are their best guard against investment mistakes. Despite the worries we see around the world, one of the most critical considerations for investors is the health of the business cycle. And the most important feature of any business cycle is the employment situation.