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Private Hiring Cools In America
Private employers added 122,000 jobs in December, ADP said Wednesday, describing a "modest" pace of hiring and slower pay gains.
The result counted as a miss. Consensus was looking for 139,000 from the headline. The range of guesses was 100,000 at the low-end to 160,000 on the high-end.
It wouldn't be accurate to call the headline a "disappointment" exactly, but it did represent the slowest pace of private payroll growth since late-summer, when the Fed panicked about the labor market on the wa
Very soon, there is going to be a huge demand for construction workers and building materials in LA.
It’ll be ok if the Boss doesn’t send the workforce “home” right away.
Yes, indeed.
Furthermore, we should be paying anyone willing to come to the US and help clear the dry grasses/brush (that have not been cleared in decades) in the forests and open spaces that abut residential areas. The immigrants could work, earn money and also work, as a stepping stone, towards creating a better life for themselves in the US.
It would be cheaper to do this than the rebuilding cost is going to be, after these apocalyptic wildfires.