Where the Jobs Are
June 14, 2016
Job creation across the American economy tumbled in May, with the economy adding just 38,000 positions. Economists, analysts, and politicians are trying to make sense of these numbers. The sharp decline in labor force participation over the first half of 2016 casts doubt on hopes for a stronger economic recovery. What’s not being discussed is where the new jobsarebeing created – and what can be done to encourage firms to hire more workers.