Moody's: U.S. economy has returned to full employment after a decade - Reuters
|According to the recent report issued by Moody's Analytics, the U.S. economy has returned to full employment, and the last time labor was fully employed was a decade ago.
Key quotes (via Reuters):
- With full employment in the U.S., good things should soon happen for many of the heretofore financially disenfranchised
- Labor shortages are sure to get worse as unemployment rate continues to decline: almost 1-3rd small businesses say they have at least 1 open position
- With the U.S. economy at full employment, seeming destined to blow past it, current expansion likely entering its later stages
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