And critics are also quick to point out that the promised benefits to Main Street of Trump - style tax cuts —
faster job growth, higher wages and a boost to the middle class — are very much in question.
Fortune last week reported that in the past 11 months, U.S. employers have added nearly 2.7 million jobs —
the fastest job growth we've had since 1999.
As such, over the past 15 years, we've seen considerably
faster jobs growth in skilled positions than in lesser skilled ones, as shown in the chart above.
The BLS estimates that nearly 375,000 new retail sales jobs will be available through 2018, and the sector's
fastest job growth may be at general merchandise stores that sell a wide variety of items at low prices.
Not exact matches
But when it comes to
fast -
growth entrepreneurship of the exalted and peculiar variety that produces breakthrough entrepreneurs, the U.S. has done a great
job of unlocking only about half of our human capital.
Namely, it can take a decade or more for highly trained workers or immigrant entrepreneurs who create
fast -
growth companies and
jobs to get long - term work status and citizenship.
Sort by median salary to find the
jobs with the fattest pay cheques; sort by five - year wage
growth to see which fields have the
fastest - growing salaries — that can indicate a shortage of qualified candidates (and opportunity for you); or sort by five - year
growth in the number of people in the field — those are the places that have been on hiring sprees (but watch out; that doesn't mean they'll continue the streak).
While the tough
job of organically growing Scotia's wealth management business had been underway for several years, the bank suddenly found itself with options to
fast - track that
growth.
The explosive
growth in Blockchain, cybersecurity and AI is influencing the
fastest - growing skills in the freelance
job market, says a new study.
In June the economy added roughly 45,000 net new
jobs, which was the
fastest pace of annual employment
growth since early 2013.
Powell in statements throughout the year, culminating with his recent Senate confirmation hearing, has been clear he sees little risk of inflation that would prompt the Fed to raise rates
faster than expected, and takes weak wage
growth as a sign that sidelined workers remain to be drawn into
jobs.
This year brought the franchise industry some impressive highs, like the increasing
growth of new
jobs, and some difficult lows, such as the ongoing
fast - food worker strikes.
«A strong
job market, accelerating wage
growth, and expectations of
faster rate hikes from the Fed all have played roles in pushing up longer - term rates.»
It will take more
job creation and
faster income
growth before the economy can switch into the next gear.
In the past year, Nevada saw the
fastest solar
job growth in the nation, said The Solar Foundation, a non-profit industry group.
Job growth picked up in January, and existing home sales rose in January at the
fastest pace since 2007.
The results are impressive: for example,
jobs in the solar power sector south of our border have been growing ten times
faster than national average employment
growth, now employing more than 142,000 individuals, with 23,000 of these
jobs added in 2013.
The network reports, «Chinese inflation data released on Monday, suggested that the economy is cooling
faster than expected, while employment data out of the U.S. on Friday indicated that
jobs growth was tepid for a fourth straight month in June.»
Poloz and his advisers are concerned by what's happening below the surface, and they are prepared to let the economy run a little hot if they think
faster growth will create more
jobs and boost incomes.
Note the recent slowing of the aggregate real wage measure at the end of Figure 3, largely a function of
faster inflation
growth (the energy effect noted above) and some slowing of
job and (blue - collar) wage
growth.
Ontario was the best performing region in terms of
job creation, with employment
growth the
fastest since the series began in late - 2010
With huge numbers of people who are barely out of poverty, it now needs to prevent near - paupers from falling back, while also dragging the poorest out of destitution
faster than economic
growth alone could do the
job.
Passage of the
JOBS (Jumpstart Our Business Startups) Act last year promises to support even
faster growth by allowing crowdfunders to invest in exchange for equity and by expanding the pool of investors who can participate.
The economy could add
jobs that
fast, or even
faster —
job growth is theoretically limited only by labor supply, and a lot more labor is sitting idle today than usual.
The employment report provided the latest sign that a strengthening
jobs market is starting to spur
faster wage
growth, a key factor that will help determine when the U.S. central bank starts lifting borrowing costs.
Although there are a few anecdotal examples of companies raising wages — Walmart and TJX being two of the more recent — wages are not responding as expected to the acceleration in
job growth (although there are indications that overall compensation, including benefits, is rising much
faster).
«I expect that with gradual adjustments in the stance of monetary policy, the economy will continue to expand and the
job market will strengthen further, supporting
faster growth in wages and incomes,» she said.
Despite steady
job creation, record stock market gains and
faster economic
growth in recent months, new consumer findings surprisingly show that a smaller share of households believe that now is a good time to buy or sell a home.
«A combination of solid
job gains, above average shares of vacation and foreign buyers and little new construction being added was behind these areas»
faster price
growth.»
(Bethlehem, PA) This morning, the Grocery Manufacturers Association (GMA) kicked off its national tour, «Grocery Manufacturers Power America: How the Nation's Largest Manufacturing Sector Drives Communities,
Jobs, and Economic
Growth,» at Bethlehem's Freshpet Kitchens — one of the
fastest growing providers of manufacturing
jobs in the Lehigh Valley.
We are committed to pursuing this agenda of inclusive
growth by implementing strategies, policies, and programmes to grow our economy and promote the creation of good
jobs at a much
faster pace than ever before.
The budget should cap state spending, include a plan to freeze and ultimately cut property taxes,
fast - track the elimination of the 18A energy tax that is passed on to consumers, cut the Estate and
job - killing Corporate Franchise Tax, and reduce burdensome and unnecessary bureaucratic red tape that stifles
job growth.»
«Before the full impact of the eurozone crisis, the government's decision to cut spending and raise taxes too far and too
fast has undermined business confidence, held back
growth, stalled
job creation and left Britain's economy dangerously exposed,» he said.
Brooklyn had the
fastest rate of private sector
job growth in the five boroughs since 2009, at 38 percent, the report found.
«But as we have consistently argued, by making a political choice to cut the deficit further and
faster than any other major country George Osborne is going too deep and too
fast and putting
jobs and
growth at risk.
Investment on this scale, in every region of the country, shows how this coalition Government is focused on delivering an affordable, reliable and
faster railway network that drives
jobs and
growth.
«Our task ahead is to take on George Osborne and David Cameron's decision to cut too far and too
fast, recklessly putting
jobs and
growth at risk.
Anticipating the sort of business - led pushback that accompanied his
fast - food wage effort, Cuomo said the notion that a higher minimum wage would impede
job growth is a «political argument.»
Since the end of the recession,
job growth in New York City has averaged 1.8 percent annually, nearly twice as
fast as the nation.
More than half of all the
jobs added in the city since 2009 are in low - wage industries, and nearly half of the city's millennials are working in retail or
fast food positions, where slow wage
growth has left their generation worse off economically than their parents.
Cuomo has pushed to get construction projects underway
faster to save time and state money and more immediately spur
job growth in some projects, including the Buffalo Billion.
Both of them had visions for the country, I think President Akufo - Addo's vision of private sector - led
growth is likely to create more
jobs and propel the economy forward
faster than the infrastructure investments, but the infrastructure investments were important.»
«We have had periods of
fast private sector
job growth - but that's often over a fairly long period of
growth,» he said.
The
job market for new college graduates may be heating up
fast, but starting salaries will see only modest
growth, a Michigan State University economist says in a new study.
Increased education levels lead to increased
job opportunities and
faster economic
growth, concern about the environment and a more tolerant society, reduce early births and child marriages, and save the lives of mothers and children (UNESCO, Education Transforms Lives).
We care deeply about
growth — we want our teachers and our staff to understand no matter where that child is at the beginning of the year, that their
job is to move that child as far and as
fast as they can.»
Toronto Star reports that economists had expected a weak July, particularly because the economy had been churning out
jobs at a far
faster clip than appeared justified by the
growth rate — adding 227,000 in the previous three months alone.
However, the consensus for slower
jobs growth in September goes against historical tendencies since
jobs growth in September is usually
faster compared to
jobs growth in August.
And historical tendencies continued to play out since Canada saw a net increase of 22.2 K
jobs in August, which is more than the consensus for a 15K increase, and is a
faster pace of
jobs growth compare to the previous month's +10.9 K.
That
growth is
faster than average and will add another 25,700
jobs by 2024.