Although July's employment report looked better than recent months, the year-over-year growth trend is still range-bound. Morningstar's Bob Johnson and Vishnu Lekraj outline what might help in the last five months of the year.
A preponderance of evidence points to a job market that's healthier than Friday's report implies.
Morningstar's Bob Johnson and Vishnu Lekraj dissect December's job gains, the big drop in the unemployment rate, and January's payroll prospects.
Job growth hasn't even been close to the rate needed to hit the Fed's target for unemployment below 8%, says Morningstar's Vishnu Lekraj.
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