Beware of the tightness of the labor market, economist says

📆 13/12/2018 22:20:00
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This expert thinks the Fed will hike interest rates in 2019 — and he said anything less is a bearish sign for the economy.

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Jobless claims fall to one-month low of 216,000 as labor market stays strong entering 2019The number of Americans applying for unemployment benefits fell sharply in the first week of 2019 and returned close to a half-century low, reflecting a robust U.S. labor market whose strength is likely to keep the economy growing for the 10th straight year. Initial jobless claims declined by 17,000 to 216,000. You can't evaluate the job market by unemployment claims. When you have a GIG economy those folks aren't eligible to unemployment. Part timers can't collect either.
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