Tuesday, May 6, 2014

3 signs the economy's still hurting

From MSN Money online:

#1: Where are the jobs?

The drop in the unemployment rate was overwhelmingly driven by a whopping 806,000 decline in the labor force. That put the labor force participation rate at just 62.8 percent, a 35-year low. The employment-to-popula​tion ratio stood at 58.9 percent last month -- 0.5 percent below where it was when the recession ended in the summer of 2009.

#2: Global growth
Monday, we learned that the Global Manufacturing PMI measure of factory activity fell to a six-month low of 51.9 on a drop in new orders and production.

#3: Wage growth (or lack thereof)

And finally, and most importantly for beleaguered middle-class families, wage growth continues to lose momentum and remains well below the rates reached in the late 1990s and the mid-2000s.
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Link: http://money.msn.com/top-stocks/post--3-signs-the-economys-still-hurting

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