Equitable Growth’s Jobs Day Graphs: December 2019 Report Edition
1.
Prime age employment ticked up to 80.4%, exceeding the high in the last expansion.
2.
The headline unemployment rate was unchanged while U6 dropped slightly, reflecting higher labor force participation.
3.
Wage growth is flattening out after months of steady increases.
4.
Employment in construction has almost recovered to its pre-recession level.
5.
Time spent in unemployment continues to be relatively short.