The Great Recession of 2008 – 2009 impacted labor markets in dramatic fashion. But after years of slow recovery, we are finally seeing signs that normalcy is returning on the jobs front. This is great news for key economic growth inputs, such as housing, autos, retail sales, and capital goods. It appears we are entering a new phase where consumers will have a higher ability to spend, save, and invest, while corporations begin to digest the higher costs of labor.
Some positives and negatives in the economic and investment background include:
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