Moody's: U.S. economy has returned to full employment after a decade - Reuters

Eren Sengezer FXStreet

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

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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