Fed’s Labor Market Conditions Growth Declines -2.2% In October, Now Negative For 9 Of Last 10 Months

Jon Banking, Economy, Fiscal Policies, Government, Market Commentary

The Federal Reserve’s Labor Market Conditions Index fell another -2.2% MoM in October. That makes it 9 out the last 10 months for negative growth.

On a YoY basis, the Fed’s Labor Market Conditions index has declined 20 of the last 21 months.

This post was published at Wall Street Examiner by Caleb Crawdad ‘ November 7, 2016.