Another result: people who have remained in markets
with slow job growth are older and typically beyond their peak consuming years.
Could the fact that lending to small businesses still has not fully recovered be a driver
for slow job growth?
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.
If Paulsen is right that higher labor costs will
soon slow job growth, than the labor market may already be at full capacity, and the Fed would be wise to continue raising interest rates soon.
That's a
bit slower job growth than prior years, as shown in the table below, but this is a typical pattern as the job market closes in on full employment (h / t to the great Lexin Cai for making this table!).
Before Trump's budget outline and the proposed American Health Care Act (Trumpcare), the preliminary City budget looked reasonable: Manageable budget gaps, reasonable reserves and moderate revenue growth in the context
of slower job growth with wage and income growth improving.
Only Rochester, which added jobs at a 0.3 percent pace from June 2016 to June 2017, and Elmira, which lost jobs at a 0.5 percent annualized rate, had
slower job growth rates.
The West region, however, could experience
slowing job growth as affordability conditions worsen from the ongoing inventory shortages that are driving up prices.
Despite slow job growth, Americans» attitudes about homeownership, the economy, and personal finances continue to move incrementally in a positive direction, according to results from Fannie Mae's April 2012 National Housing Survey.
Increased demand by office tenants in the top two markets accounted for their rise in rank, while San Francisco's slide is resulted
from slowing job growth and increasing vacancy.
«While confidence data is encouraging,
slower job growth in 2015, deflationary retail prices and the mix of consumer spending somewhat shifting toward big ticket items and services, as well as the wild card in our government spending debates, will all contribute to the slower growth rate of sales expected for the holiday season.»
The Bay Area and California are in
for slower job growth this year and next, but the Bay Area, powered by its high - tech economic engine, will outpace the state in job creation, according to two new economic forecasts released Wednesday.
On the flip side, a number of markets nationwide continue to struggle
with slower job growth, weaker home value appreciation and higher rates of negative equity, giving buyers more negotiating power.»
Virginia Beach had
the slowest job growth among the 40 biggest metro areas, with non-farm payrolls increasing just 0.2 % between February 2017 and February 2018.
«Should it denigrate into something that impairs business sentiment, that can feed into the economy and
slow job growth.»
Weak consumer spending reports may not be as carefully considered by investors, therefore;
slow jobs growth may be given a short - term pass; falling housing starts and home sales may be attributed away.
The group predicts that it will
slow job growth, and is considering legal action.
«Efforts to revive coal industry unlikely to work, may
slow job growth.»
In particular, saber rattling in North Korea, government shutdown threats, natural disasters from Harvey to Irma,
slower job growth and / or the demise of big name retailers may not cause long - lasting stock declines.
«With
slower job growth this year, and many new jobs being part - time positions, Canadians are facing weaker income growth heading into the holiday season,» said Sal Guatieri, a senior economist with BMO Capital Markets.
However, this goes against the consensus for
slower jobs growth, as well as Markit's finding that jobs growth eased a bit.
Many people have put off expensive travel over the past few years in favor of «staycations» (vacations at home with family) due to fears of the economy, unemployment, and
slow job growth.
An unsteady economy and
slow job growth have many people considering a return to school.
But the subprime mortgage meltdown,
slowing job growth and uncertainty surrounding layoffs have created a dramatically more bearish outlook today compared with a year ago.
Slower job growth is also slowing the growth of rents in the San Francisco Bay Area, which has been home to some of the strongest apartment markets in the country.
Although volatile gas prices, rising interest rates, the cooling housing market and
slow job growth are conspiring to create a rocky retail environment, owners are still pushing for higher rents in the sector.
Axiometrics analysts attributed the weaker rental market in Chicago to
slow job growth, which is suppressing apartment demand at a time when new construction has produced a huge supply of rental units.
The places seeing more home selling this summer include those with
slower job growth, like North Dakota, Wyoming, New Mexico, and Texas, and there are indications those places will soon be buyer's markets.
The study, conducted for NAR by Wade R. Ragas, professor of finance with the University of New Orleans Real Estate Market Data Center, shows that
slow job growth and modest wages have worsened affordability problems for the area's low - and moderate - income households.
«The economy is slowing down; there's
slower job growth, so we'll get slower housing sales,» he says.