U.S. Employment Remains Strong

The employments news continues to be positive. Since 2016 the U.S. economy has added 2.24 million jobs and the unemployment rate sites at 4.4 percent.

All is not completely roses however. Wage growth continues to lag with hourly wage growth at 2.5 percent annual growth.

Likewise, there continues to be a disparity between employer-needed skills and existing labor-force skills. For example, in the Bay Area alone the information sector added 9,600 new jobs.

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