Friday, December 2, 2016

Seasonal Hiring Reshuffles Job Numbers

Today’s strong U.S. employment numbers aren’t too surprising given the late start in seasonal retail and logistics hiring this year. With so many seasonal workers starting in November instead of October, it made October look worse and November, better than it really was in terms of employment trends. Regardless, the decline in the unemployment rate is real, and it hints that workers may have an easier time in the job market while employers will have to look harder than they have during the past decade.