There are two underlying fundamentals of this economy that have questionable strength. The first is overall job growth which has been the weakest of the last 40 years. This has led to stagnant wages for the duration of this expansion.
As the numbers below illustrate, job growth for this expansion is the weakest of the last 40years.
For these numbers, I used total nonfarm jobs from the Bureau of Labor Statistics.
The dates are the dates of...
]]>