2018 has been a banner year for the job market. A big question for 2019 is whether this long recovery will end during the year. The more important question is whether the end—whenever it comes—will be graceful or ugly.
It is astonishing at this point in the recovery that we have had four months this year of job growth at or above 250,000. In addition, we finally saw wage growth pop above 3%.
Does the increased share of workers in part-time employment reflect a structural shift in the economy?
The Indeed Hiring Lab tracks employment in the retail industry each quarter, analyzing the latest Bureau of Labor Statistics data. Overall in Q3 2018 there was a slowdown in retail employment growth.
Overall, the US economy is humming. To dive deeper, we analyzed economic changes at the Congressional district level.