Sat, 8 Jun 2013
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Last month's employment numbers showed a continued, steady improvement, but they weren't so strong that the Fed will feel forced to taper its easing programs, says Morningstar's Bob Johnson.
A better-than-expected April report and two consecutive months of mediocre ADP payroll data could make for an underwhelming government employment report on Friday.
Morningstar director of economic analysis Bob Johnson addresses recent sluggishness in the economy and makes the case for better growth in the second half of the year.
We examine the possibility for higher normalized joblessness, the concerns over long -term unemployment , changes in job-sector composition, and what can possibly catalyze job growth.
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